Trading Edges That Last
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As Featured In
AUDUSD May 25 to May 29 Outlook
Lawrence’s Comment
FBO scenario played out. Easy drop to target by the end of the week. Closed the week below Y-1 and near week low.
Outlook
Daily up trend ended with FBO on weekly high is very bearish. This also signal a problem with gold. Consolidation after a move like this is likely with more downside expected.
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