AUDUSD Sep 23 to Sep 27 Outlook

By News Robot

Lawrence’s Comment

Gapped higher at the start of the week and consolidated around Y+1 since. Fed meeting sent gold way higher and Aussie jumped higher in sync. Closed the week below midpoint and above Y+1.

Aussie closed weak but not weak enough to signal a selloff. Aussie has to move out of the zone Y+1 to Y+2 before we can tell which direction is in control. Breakout play.


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