AUDUSD Aug 06 to Aug 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Y+1 turned into support. Consolidation in a tight range as expected. Closed the week near week high.

Outlook
Y+1 acting as support gives Aussie a better odds now to push to Y+3.

If Aussie breaks below B-1 / Y+1 early next week, a flush to Y-0 is expected.

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