Trading Edges That Last
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As Featured In
AUDUSD Sep 21 to Sep 25 Outlook
Lawrence’s Comment
Previous week close support sent Aussie straight up to Y+2. Mild pullback and then reacted wildly to FOMC announcement. Closed the week near Y+2 and above midpoint.
Outlook
The original tight up channel / rising wedge formed since 2 weeks ago is still in force. As long as B-0 acting as support early in the week, Aussie will retest B+1.
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