Recap Channel support breached gave us Y-1 as expected. Wild up swing testing the channel support from below failed to clear the resistance and sent Aussie down to Y-1 again. Closed the week near Y-1 and week low.
Lawrence's Comment
Recap
Out of a rare event, we get rare price actions. Out of last week's rare price actions and price patterns, however, the behaviour matches the small number of ...
Lawrence's Comment
Recap
Easy play of last week. 3 pushes up pattern mentioned last week sent Euro straight back down to my target. Closed the week below Y-1 and near week low.
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Lawrence's Comment
Recap
Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear ...
AUDUSD Dec 14 to Dec 18 Outlook
Lawrence’s Comment
Channel support breached gave us Y-1 as expected. Wild up swing testing the channel support from below failed to clear the resistance and sent Aussie down to Y-1 again. Closed the week near Y-1 and week low.
Outlook
Break of B-1 will give us B-3 quickly.
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