Recap Rally continued until Y+2 is tagged. News shock from Euro zone induced a sharp selloff back down to above 1.00, slightly higher than Y-0. Closed the week above Y-0.
Outlook Since Y-0 is not breached, it is likely we get at least a retest of B-0.
Failured to push above B-0 will lead to a drop to B-2.
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
Drop to Y-2 as expected. Y-2 / 4400 strong support points to Y-1 retest. Then the rumors about Greece surfaced and had driven NQ back up to Y-0. By ...
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 Jun 25 to Jun 29 Outlook
Lawrence’s Comment
Rally continued until Y+2 is tagged. News shock from Euro zone induced a sharp selloff back down to above 1.00, slightly higher than Y-0. Closed the week above Y-0.
Outlook
Since Y-0 is not breached, it is likely we get at least a retest of B-0.
Failured to push above B-0 will lead to a drop to B-2.
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