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AUDUSD Jul 21 to Jul 25 Outlook
Lawrence’s Comment
Retest of Y-1 and support below as expected. Struggled a bit down there but managed to print week high later in the week. Closed the week near Y-0 and above midpoint.
Outlook
Bottom formation is not confirmed yet as the week failed to close strongly above Y-0. Until B+1 turning into support we do not have a confirmed low and more likely to break B-1 again.
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