Trading Edges That Last
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Lawrence's Comment Recap Tight range consolidation all week even though US dollar has strengthen across the board last week. Good example of low participation translate into meaningless price movements on higher timeframes. ...READ MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREPrecog Vision – Forex 2013-8-26Dow 30 Dec 31 to Jan 04 Outlook3DP Odds Table (AUDUSD) 2020-11-033DP Odds Table (AUDUSD) 2023-04-10Precog Vision – Forex 2022-1-73DP Odds Table (AUDUSD) 2022-04-26S&P 500 May 25 to May 29 OutlookPrecog Vision – Forex 2016-11-4Precog Vision – Forex 2018-6-1Intraday Cycle Projection (AUDUSD) 2012-11-19
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AUDUSD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Like clock work, Aussie was the easiest play last week. Held Y-0 and move above Y+1 giving way to Y+2 my target. Then cleared Y+1 on a small pullback and zoom to Y+2. Closed the week at week high and near Y+2.
Outlook
Unless B+1 turning into resistance, Aussie after being suppressed for so long can zoom higher still before settling down to consolidate.
If we get a 1-2-3 sell off B+1, a pullback to B-0 is likely.
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