Recap Y-1 support sent cable back up to Y-0. Y-0 resistance dropped cable down to 1.49 round number. 1-2-3 buy on 4 hour sent it back up to Y-1 and then stopped at equal distance from Y-1. Closed the week near Y-0 and above mipoint.
Outlook Seasonal up drift for Cable kicks in. Can push cable back up to B+2 where the original break down move started (i.e. the crime scene).
Lawrence's Comment
Recap
My staff still not able to take care of the data issue. I will look into this myself this week.
Aussie in consolidation drifting back up to test Y+1 eventually. ...
Lawrence's Comment
Recap
FBO against Y-1 early in the week gave us a run towards Y+1. Yet, 100% absolute range expansion stopped the attempt below Y+1. Aussie dropped back down all the ...
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GBPUSD Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Y-1 support sent cable back up to Y-0. Y-0 resistance dropped cable down to 1.49 round number. 1-2-3 buy on 4 hour sent it back up to Y-1 and then stopped at equal distance from Y-1. Closed the week near Y-0 and above mipoint.
Outlook
Seasonal up drift for Cable kicks in. Can push cable back up to B+2 where the original break down move started (i.e. the crime scene).
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