AUDUSD Jul 31 to Aug 04 Outlook

Lawrence's Comment Recap Weak upside drift early in the week ended with news shock mid week by ECB taking cable upto Y+2. Y+2 stopped the run and sent cable back below Y+1. ...

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Lawrence's Comment Recap Not even a contest at Y-0, Dow gapped up and cleared Y+1 right from the start. That opened the door to Y+2. Then the reversal right below Y+2 opened ...

Lawrence's Comment Recap Trapped between Y-0 downto Y-1. Nothing much happened for the pair. Outlook Bottoming formation promising but not in place yet. Must successfully break above B+1 and that turning into ...