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 Jan 21 to Jan 25 Outlook
Lawrence’s Comment
Further consolidation around Y-0 area. End of week weaknesses failed to break the Y-1 support. Closed the week near week low and below Y-0.
Outlook
Inside week from daily up trend is bullish as long as Y-1 can keep Aussie from dropping.
A quick break below B-1 downto B-2 and then snap back up above B-1 will stage a rally to retest Y+1 year high.
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