Lawrence's Comment
Recap
Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint.
Outlook
Down trend on daily broken. Now US dollar has to prove its strength ...
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 held previous week close and then bounced back up to resistance zone / channel top. Channel top confirmed as resistance with Y-1 in play. Y-0 resumed its role ...
Lawrence's Comment
Recap
Pullback to Y-0 as expected. Rally from there and printed new high consistent with my bullish bias. Cannot ask for more. Closed the week at week high and above ...
AUDUSD Dec 21 to Dec 25 Outlook
Lawrence’s Comment
Y-0 resistance forced Aussie to drop down to Y-2 / 1.71 round number. Closed the week near Y-1 and below midpoint.
Outlook
Holiday trading with B-0 / Y-1 strong resistance. Potential drop to Y-3 still in play.
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