Recap Consolidated around Y+1 until Y+1 turning into support. Moved higher until 50% previous week range established. Closed the week above Y+1 and midpoint.
Outlook Above B+1 likely. FBO against B+1 points to break down play with Y-0 crime scene target.
Lawrence's Comment
Recap
Y-1 support helped cable to bounce back up to Y-0. Failed to clear Y-0 Cable droppped back down to near Y-1. Closed the week below Y-0 and midpoint.
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Lawrence's Comment
Recap
Aussie followed its peers and collapsed down to 100% range expansion. Closed the week below Y-2 and near week low.
Outlook
Consolidation likely as long as Y-3 acts as ...
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AUDUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Consolidated around Y+1 until Y+1 turning into support. Moved higher until 50% previous week range established. Closed the week above Y+1 and midpoint.
Outlook
Above B+1 likely. FBO against B+1 points to break down play with Y-0 crime scene target.
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