Lawrence's Comment
Recap
Consolidation around Y+1 with 50% range as expected. Closed the week at the week high.
Outlook
No real weaknesses showing in the chart yet. Sell setup on 4 hours can ...
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
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
AUDUSD Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Test of Y-1 as expected. Y-1 support all week. Closed the week near Y-1 and below midpoint.
Outlook
2nd consolidation week with weak close is bearish. Until B-0 turning into support, down trend can lead to a flush down to B-3.
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