Lawrence's Comment
Recap
Y-1 tagged and defended. Slow drift back up to Y-0 as expected. Closed the week below Y-0 and near midpoint.
Outlook
Retest Y-1 likely. Y-1 / B-1 support will ...
Lawrence's Comment
Recap
Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above ...
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AUDUSD Oct 17 to Oct 21 Outlook
Lawrence’s Comment
Breakout above Y+1 and that turned into support, giving us the classic STOPD run to Y+3. Isn’t that simple enough?
Outlook
As long as B-0 acts as support, uptrend intact and looking for higher price in coming weeks.
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