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As Featured In
AUDUSD Feb 22 to Feb 26 Outlook
Lawrence’s Comment
Attempts to breakout above Y+1 failed as Y+1 never turned into support. Consolidation in tight range all week. Closed the week near Y+1 and above midpoint.
Outlook
Y-0 support points to the intention of retesting the spike high near Y+2. Strong resistance at Y+2 / B+2. Breaking below B-1 will give us B-2 and potential continuation of weekly down trend.
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