Lawrence's Comment
Recap
Euro shot higher as expected to the target zone after going sideway earlier in the week. Closed above Y+1 and midpoint.
Outlook
Euro finally entered its longer term reisstance zone and ...
For 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 schedule
For 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 schedule
AUDUSD Nov 10 to Nov 14 Outlook
Lawrence’s Comment
Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint.
Outlook
A crossroad here for Aussie. Being able to clear B-0 and that turning into support we get B+1 and probably Y-0 again.
As long as B-0 / Y-2 acting as resistance, Aussie may have to retest B-1 again.
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