Trading Edges That Last
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Lawrence's Comment Recap A steep selloff to start the week as expected. Rallied since after the open gap below was filled. Y+2 was tagged. Closed the week above Y+1 and midpoint. ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Continue the consolidation process as expected. Test of Y-1 resulted in a bounce to Y-0 then slow drift back down to Y-1. Closed the week near week ...READ MOREWeekly Cycle Projection (AUDUSD) 2019-10-07Hot n Cold (AUDUSD) 2012-2-24S&P 500 Feb 29 to Mar 04 OutlookForex Intraday Bias: Inside DownPrecog Vision – Forex 2016-2-12USDCAD Jun 18 to Jun 22 OutlookIntraday Cycle Projection (AUDUSD) 2022-06-233DP Odds Table (AUDUSD) 2013-10-28Nasdaq 100 Oct 08 to Oct 12 OutlookHot n Cold (AUDUSD) 2015-3-20
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AUDUSD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week close. Closed the week above Y-0 and below midpoint.
Outlook
Aussie at up trend line support. This holds, another push higher likely. Resistance at Y+1 / B-0 breaking the close will give us B-2.
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