Trading Edges That Last
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Lawrence's Comment Recap Stopped right at the resistance zone mentioned last week. Sold off to Y-0 with very strong reaction to the price level, implying that Y-0 is strong support ...READ MOREPrecog Vision – Forex 2011-5-303DP Odds Table (AUDUSD) 2019-01-103DP Odds Table (AUDUSD) 2014-12-05Hot n Cold (AUDUSD) 2012-9-263DP Odds Table (AUDUSD) 2015-05-28Nasdaq 100 Apr 16 to Apr 20 Outlook3DP Odds Table (AUDUSD) 2012-02-13AUDUSD Mar 07 to Mar 11 Outlook3DP Odds Table (AUDUSD) 2018-08-20Intraday Cycle Projection (AUDUSD) 2011-03-21
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AUDUSD Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Aussie successfully cleared 4 hour down channel top, giving us Y+1 and then Y+2. Closed the week near Y+2 and week high.
Outlook
Aussie’s recovery against US dollar can be a leading indicator that gold may hold its latest drop into new low for the year. Y+1 / B-0 support will be tested if Aussie fails to consolidate around Y+2 / B+1 in 50% range.
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