For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Bounced all the way back to Y+3 exactly as expected. Closed the week above Y+3.
Outlook
As long as B-1 to B-0 acts as support a short term bottom is ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
AUDUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Y-0 acted as support as expected and a double bottom was formed late in the week to break the Y+1 resistance.
Outlook
As long as B-0 to Y+1 acts as support, B+2 is likely.
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