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.
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Lawrence's Comment
Recap
Reacted at breakout upper boundary, sent Aussie back to Y-0. Y-0 acted as support, moved back up to Y+1. Closed the week below Y+1 and above midpoint.
Outlook
As long as ...
Lawrence's Comment
Recap
Finally a flush lower was allowed. Y-2 downside target tagged. Then BOJ + Japanese government came out jawboning ninja into reversal. Closed the week above Y-0 and near week ...
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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