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Lawrence's Comment
Recap
Similar to Dow, but much weaker by the end of the week as NQ closed the week at around midpoint.
Outlook
A break below Y-0 to B-0 will give ...
AUDUSD Dec 12 to Dec 16 Outlook
Lawrence’s Comment
As expected, failed to breakout above Y+1 and dropped back down to Y-0. Closed the week at midpoint.
Outlook
Intervention effect from the central banks takes time to be absorbed by the markets.
As long as B-1 holds, Aussie has a good chance to test B+1 again.
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