AUDUSD Sep 12 to Sep 16 Outlook

By News Robot

Lawrence’s Comment

Recap
Y+1 cleared without tagging Y-0 led to breakout push towards Y+3. Thin channel however failed to hold up after the last push and collapsed back down to the crime scene near Y-0. Closed the week near Y-0 and week low.

Outlook
Wide range reversal points to more downside likely. Y+1 / B-0 strong resistance until proven otherwise.

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