Lawrence's Comment
Recap
No resistance at all from Y+1, as Aussie zoomed thru the price in 1 go. That put Y+3 in play. Ended up tagging Y+4 before it can ...
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
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 Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Y-0 failed to turn into support even though price moved above Y-0 early in the week. Closed the week near Y-1.
Outlook
Similar to last week, until B-0 is turning into support, the down trend would stay intact and difficult for the pair to go higher.
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