Recap Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook Consolidation with weak close points to more downside. B-2 is in play with B-0 / Y-1 now strong resistance.
Lawrence's Comment
Recap
Down channel break led to a run to my target mentioned last week. It also lined up nicely from early week low at 100% absolute range expansion. Cable stalled ...
AUDUSD Sep 22 to Sep 26 Outlook
Lawrence’s Comment
Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook
Consolidation with weak close points to more downside. B-2 is in play with B-0 / Y-1 now strong resistance.
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