Trading Edges That Last
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As Featured In
AUDUSD Jan 14 to Jan 18 Outlook
Lawrence’s Comment
Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint.
Outlook
Last week was a variation of consolidation as it eventually moved back to Y+1.
As long as B-1 to B-0 acts as support, no good reason to go short, yet.
Notice a potential up channel in the making on 4 hours and up.
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