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Lawrence's Comment Recap Last week of the year consolidation actions in tight range. Closed the week near Y-1 and week low. Outlook Can develop into 4 hour down channel with B-2 down ...READ MORELawrence's Comment Recap Channel support breached gave us Y-1 as expected. Wild up swing testing the channel support from below failed to clear the resistance and sent Aussie down to Y-1 again. ...READ MORELawrence's Comment Recap A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd ...READ MORE3DP Odds Table (AUDUSD) 2020-07-23USDCAD Jan 04 to Jan 08 OutlookDow 30 Mar 26 to Mar 30 OutlookGBPUSD Jul 05 to Jul 09 Outlook3DP Odds Table (AUDUSD) 2021-04-20Intraday Cycle Projection (AUDUSD) 2016-02-08Intraday Cycle Projection (AUDUSD) 2014-08-18AUDUSD Dec 14 to Dec 18 OutlookIntraday Cycle Projection (AUDUSD) 2017-01-05USDJPY Apr 30 to May 04 Outlook
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AUDUSD May 09 to May 13 Outlook
Lawrence’s Comment
The less likely scenario happened. Free ride from Y-0 to Y-2. Closed the week above Y-1.
Outlook
The reaction at B-0 points to a retest of B-1. Congestion within B-0 to B-1 is expected until either one is taken out.
The likely breakout direction is down and Y-3 to B-2 is in play in later part of the week.
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