Trading Edges That Last
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Lawrence's Comment Recap Congestion between Y-0 and Y+1 as expected. Outlook It is obvious that aussie is having difficulty in getting to Y+1. A turn down from B+1 implies a quick test ...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 NQ consolidated around its previous week close and then took off to test Y+1 from below. Clean break out above Y+1 points to strength and NQ drifted higher since ...READ MOREEURUSD Nov 06 to Nov 10 OutlookIntraday Cycle Projection (AUDUSD) 2021-10-19Precog Vision – Forex 2015-1-13Weekly Cycle Projection (AUDUSD) 2012-12-17Precog Vision – Forex 2021-1-25AUDUSD Apr 18 to Apr 22 OutlookPrecog Vision – Forex 2022-11-9EURUSD Aug 10 to Aug 14 Outlook3DP Odds Table (AUDUSD) 2012-04-27Nasdaq 100 Mar 07 to Mar 11 Outlook
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AUDUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
Y-1 failed to act as resistance giving us FBO against Y-1 and opened the door to Y+1. Y+1 cleared and Y+3 reversal breakout target tagged. Closed the week above Y+1 near week high.
Outlook
Overall weakening of USD across the board was the theme of last week. The run points to potential test of 0.75 round number above. Failing to hold above B+1 points to a steep fall back down to B-0 / Y+1.
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