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
Strongest among the major indices but bear flag / up channel rally does not last. Breaking down from the channel sent NQ back down to Y-0 quickly. Closed the ...
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
Aussie could not push higher as expected and dropped back down to retest Y-1. Y-1 rejected, gave us target Y-0 and the double bottom gave us target at the ...
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 May 30 to Jun 03 Outlook
Lawrence’s Comment
Support discovered below Y-1 and Aussie went into consolidation since. Closed the week near Y-1 and below midpoint.
Outlook
Y-1 support will produce a short term bottom with upside target B+2 in play.
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