Lawrence's Comment
Recap
Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed ...
Lawrence's Comment
Recap
Break out upside happened but that gave us B+2 only as the news shock was immediately reversed several hours later by flip flop from the euro zone officials. ...
AUDUSD Mar 23 to Mar 27 Outlook
Lawrence’s Comment
Aussie followed its peers broken the daily down trend against USD. Closed the week above Y+1 and midpoint.
Outlook
To start a new up trend on daily against US dollar, Aussie needs Y-0 to act as support and take out B+1 in coming 2 weeks.
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