Lawrence's Comment
Recap
Aussie spiked above Y+1 yet not able to hold above. Consolidated above Y-0. Swinged below with immediate snap back points to retest of Y+1 and above. Got Y+2 and ...
For 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 schedule
Lawrence's Comment
Recap
Early in the week tried to fill the gap above and failed. That points to the downside gaps in play. Later in the week 2 downside gaps ...
Lawrence's Comment
Recap
NQ cleared Y+1 by gapping above it right off the start of the week. That forced all shorts to cover and the Y+3 target for surprise move was tagged. ...
AUDUSD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
The breakout upside trade we were looking for happened exactly as expected. Closed the week above Y+2 as well.
Outlook
A pullback to Y+1 is possible but not necessary. The next upside target is B+2.
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