Trading Edges That Last
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As Featured In
AUDUSD Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Aussie driven lower in the beginning of the week down to Y-1. Found support there can zoomed to Y+2. 2nd attempt at clearing Y+2 failed and led to a slide back down to Y-0. Closed the week above Y-0 and below midpoint.
Outlook
The expected upside push happened and failed to go much higher. This points to testing of the support below soon. As long as Y+1 / B-0 acting as resistance, B-1 and below is in play.
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