Lawrence's Comment
Recap
Got Y+1 early in the week. But not holding Y-0 at all as cable collapsed back down to below Y-1. Yet it did not stay below Y-1. Another push ...
Lawrence's Comment
Recap
Quick fall early in the week due to news shock. Then struggled to hold and failed to go above Y-0. Closed the week above Y-0 but below ...
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AUDUSD May 23 to May 27 Outlook
Lawrence’s Comment
Bounced back up to Y-0 and found resistance. Sold off down to Y-2 as expected. Closed the week below Y-1 and midpoint.
Outlook
Strong support / downside target Y-3 in play. Bottom setup develops there will point to short term low in place.
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