Trading Edges That Last
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AUDUSD Sep 19 to Sep 23 Outlook
Lawrence’s Comment
Y-0 to Y+1 was not even challenged. Aussie dropped straight down to Y-3 , the 200% range expansion target. Bounced back up from there to close near Y-1.
Outlook
Down trend established. Y-1 to B+1 should act as strong resistance and a retest of B-1 is expected.
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