Lawrence's Comment
Recap
Tighest range in several weeks. Tagged my upside target with slow drift up as expected. The reaction to that was like lightening strike and dropped Aussie lower. ...
Lawrence's Comment
Recap
S&P followed the path of Dow instead of what its price pattern suggested. Clear signs that shorts are squeezed and forced to give up. Closed the week above Y+1 ...
Lawrence's Comment
Recap
Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint.
Outlook
Inside ...
Lawrence's Comment
Recap
As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week ...
AUDUSD Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Channel play as expected. Pushed to Y+2 and stalled. Closed the week near Y+1 and below midpoint.
Outlook
Channel break down will give us at least B-2 and likely lower.
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