AUDUSD May 11 to May 15 Outlook

Lawrence's Comment Recap Rallied 1st to Y+1 without testing Y-0 set the stage for FBO back down to Y-1. Y-1 cleared with no resistance at all. Landed at Y-2 normal downside target. ...

Lawrence's Comment Recap Y-0 support sent this higher to test Y+1. Turned lower below Y+1 opening the door to Y-1. Y-1 tagged and bounced. Closed the week above Y-0 and B-0. ...

Lawrence's Comment Recap More news from euro zone as expected. Move to Y+2 and it capped the up swing as mentioned last week. No surprise there. Closed the week at ...

Lawrence's Comments Recap After 3 weeks of consolidation, finally a breakout from tight range. 200% expansion target (Y+3) reached and stalled from there. Closed the week above week midpoint. Outlook The upmove ...