Trading Edges That Last
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AUDUSD Oct 31 to Nov 04 Outlook
Lawrence’s Comment
Going higher after consolidation as stated last week. Reached our target of Y+3 and paused there to close the week.
Outlook
The last leg up was a bit too fast. If the double top on 30-minute materialize, the pair will pullback down to B-0 easily.
As long as the pullback is slow and that Y+1 stays as support, the uptrend is intact.
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