Trading Edges That Last
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Lawrence's Comment Recap Gap open in the beginning of the week resulted in spike and ledge selloff. Held Y-0 support perfectly (too perfect?!) and staged a short squeeze to new ...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 MORELawrence's Comment Recap Weak pullback not even touching Y-0 ended with another drop to Y-1. Eventually Y-1 was cleared giving us equal distance from previous week close. Closed the week below Y-1 ...READ MOREPrecog Vision – Forex 2015-10-26S&P 500 Aug 06 to Aug 10 OutlookUSDJPY Nov 21 to Nov 25 OutlookIntraday Cycle Projection (AUDUSD) 2013-01-17Precog Vision – Forex 2022-10-21AUDUSD Jun 10 to Jun 14 Outlook3DP Odds Table (AUDUSD) 2021-02-24Intraday Cycle Projection (AUDUSD) 2016-06-233DP Odds Table (AUDUSD) 2012-10-09GBPUSD Aug 11 to Aug 15 Outlook
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AUDUSD Mar 24 to Mar 28 Outlook
Lawrence’s Comment
Reacted at breakout upper boundary, sent Aussie back to Y-0. Y-0 acted as support, moved back up to Y+1. Closed the week below Y+1 and above midpoint.
Outlook
As long as Y+1 acting as resistance, a move back down to Y-1 is likely since Y+1 and above at upper boundary was rejected decisively.
Rising wedge visible on 4 hour and daily in place. If FBO at B+1 happens, a selloff down to B-2 is very likely.
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