Trading Edges That Last
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As Featured In
AUDUSD May 09 to May 13 Outlook
Lawrence’s Comment
Popped higher totest0.77 as expected. Clean break of Y-1 led to a drop to Y-3 normal range expansion target. Closed the week below Y-2 and near week low.
Outlook
Aussie weekly up trend broken and daily down trend is now in place. Y-1 / B-0 resistance until proven otherwise.
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