Trading Edges That Last
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As Featured In
AUDUSD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Aussie tried to go higher yet there was not enough volume. Went back down in consolidation style. Similar to loonie, chose to print the week extreme at the end of the week. Closed the week below Y-0 and near week low.
Outlook
Inside week. Tight range. Breakout mode in play. Next target will be either B+3 or B-3 depending on the direction of the breakout. Breakout to the downside has a slight edge over the upside.
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