Lawrence's Comment
Recap
More news feeding out from Japan government and BOJ sent ninja to the long term resistance upper zone of 88. Closed the week above Y+2 and near ...
Lawrence's Comment
Recap
Y-0 resistance sent Aussie down to Y-2 target. Channel formation in place sending Aussie down to Y-3 where the channel bottom is. Closed the week near Y-2 and below ...
AUDUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low.
Outlook
Potential weekly down trend in the making. B-0 / Y-1 resistance must hold for further downside push towards B-2 and below.
Share