Lawrence's Comment
Recap
Rallied right off the start clearing Y-0 and Y+1 in one go. That opened the door to Y+2. Got Y+2 mid week. Drifting sideway since. Closed the week below ...
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 Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Aussie consolidation around Y+1 in tight range. Closed the week near Y+1 and midpoint.
Outlook
Wait and see mode as Aussie parked at the same level again. Breaking below B-1 and that turning into resistance points to B-2 and below.
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