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Lawrence's Comment Recap Opened above Y+1. No FBO as Euro stayed above Y+1 all the way til its breakout move to Y+4. Consolidated since. Closed the week above Y+3 and midpoint. Outlook Unusual breakout ...READ MOREFor 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 scheduleREAD MOREWeekly Cycle Projection (AUDUSD) 2011-04-18Intraday Cycle Projection (AUDUSD) 2020-09-043DP Odds Table (AUDUSD) 2015-07-143DP Odds Table (AUDUSD) 2021-01-273DP Odds Table (AUDUSD) 2011-06-16Precog Vision – Forex 2015-11-25GBPUSD Jun 03 to Jun 07 OutlookEURUSD Sep 23 to Sep 27 OutlookPrecog Vision – Forex 2022-10-183DP Odds Table (AUDUSD) 2022-04-19
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AUDUSD Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Took out 0.9 right from the beginning of the week. Then 1-2-3 buy gave us the breakout above Y+1 necessary for a run to Y+2. Aussie tagged Y+2 and consolidated around it since. Closed the week above Y+ 2 and near week high.
Outlook
The war-on / war-off effect fully messing with the price actions in Aussie. Bears were caught on the wrong side multiple times.
Most of the bears are cleaned out. Chart pattern suggests a pullback to B-0 is likely. I need to see a mini double top or 1-2-3 sell on hourly before I will commit to the sell side.
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