Recap Pulled back to our downside target from last week then consolidate. Retest of Y+1 failed to breakout to the upside.
Outlook Direction is not established from the test. Hence we need to breakout of the range B+1 and B-1 for confirmed rally continuation or a DT in the making.
Lawrence's Comment
Recap
Consolidation play initially with both Y-1 and Y+1 tested. Breakout play was clean and gave us Y-3 in 1 go. then the weekly range was over extended (as I ...
Lawrence's Comment
Recap
Easiest play last week. Failed right at resistance and then collapsed. Got Y-2 in 1 go and no strength to recover since. Y-3 extended target tagged and bounced. Closed ...
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AUDUSD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Pulled back to our downside target from last week then consolidate. Retest of Y+1 failed to breakout to the upside.
Outlook
Direction is not established from the test. Hence we need to breakout of the range B+1 and B-1 for confirmed rally continuation or a DT in the making.
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