For 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 schedule
Lawrence's Comment
Recap
1-2-3 rejection of Y-1 on 4 hour sent cable back up to above Y+1. Minimal pullback and another push to Y+2 before cable can stop. Closed the week above ...
For 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 schedule
AUDUSD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Y-1 test led to up drift for Y-0 all week. Closed the week near Y-0 and week high.
Outlook
Rising wedge breakdown points to test of B-1 / Y-1. Not supportive of gold rally. Further consolidation likely.
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