Recap Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
Lawrence's Comment
Recap
Ninja found support at previous week close and Y-0 in the beginning of the week. That gave us up drift bias for Y+1. Breakout above Y+1 and stayed above. ...
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
Lawrence's Comment
Recap
Stronger than expected bounce led to tagging Y-0. But that was all we got. Closed the week near midpoint.
Outlook
Coiled up formation means breakout in the making. Focus ...
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 25 to Jul 29 Outlook
Lawrence’s Comment
Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook
Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
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