AUDUSD Mar 03 to Mar 07 Outlook

By News Robot

Lawrence’s Comment

Recap
No drastic move last week. 2nd week of pullback from the multiple week rally. Closed the week below Y-1 and midpoint.

Outlook
Still moving within the context of consolidation / pullback mode. Until gold can make a move out of its current range, there is nothing much to lean on.

A down channel is now in place, as long as Aussie failed to clear B-0, there is probably one more down move to go.

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