Recap Y-0 resistance gave us a drop to Y-1 support area. Support breached with a bounce that failed to clear the former support. Closed the week below Y-1 and near week low.
Outlook Breakout setup from last week now confirmed. Y-3 in play as long as Y-1 / B-0 continue to cap any bounce attempts.
Lawrence's Comment
Recap
Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below ...
Lawrence's Comment
Recap
Most messed up index among the big 3. Held a higher low right from the start of the week and zoomed higher. Then news shock help ES ...
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
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 Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Y-0 resistance gave us a drop to Y-1 support area. Support breached with a bounce that failed to clear the former support. Closed the week below Y-1 and near week low.
Outlook
Breakout setup from last week now confirmed. Y-3 in play as long as Y-1 / B-0 continue to cap any bounce attempts.
Clearing B-0 will give us a quick run to B+1.
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