Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Capped by previous week close / Y-0. Eventually did the test of Y-1 and took off before it was even tagged. Cleared previous week close and gave us equal ...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 MOREAUDUSD Mar 30 to Apr 03 OutlookIntraday Cycle Projection (AUDUSD) 2019-06-10Intraday Cycle Projection (AUDUSD) 2017-12-063DP Odds Table (AUDUSD) 2015-07-21Precog Vision – Forex 2016-5-30GBPUSD Jun 09 to Jun 13 OutlookPrecog Vision – Forex 2017-5-18USDJPY Jun 17 to Jun 21 Outlook3DP Odds Table (AUDUSD) 2012-02-10Intraday Cycle Projection (AUDUSD) 2014-10-24
As Featured In
AUDUSD Feb 02 to Feb 06 Outlook
Lawrence’s Comment
Y-1 support in the beginning of the week led to an up drift near Y-0. 1-2-3 sell breaking the bear flag sent Aussie straight down to clear Y-1. Range expansion to 2 times the original established range. Closed the week below Y-1 and near week low.
Outlook
This 2nd leg down is very damaging to the weekly timeframe. Natural support is either this B-1 zone or 500 pips lower. Another wildcard play like Euro this week. Until we get a confirmed reversal on daily which points to a bounce back up to B-0, there is no nearby projection for the downside target.
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