Recap Move higher as mentioned last week. 100% absolute range expansion reached. Closed the week near the high of the week. Picture perfect STOPD swing.
Outlook Congestion or pullback expected. B+1 to Y+3 should put a cap to the run for now. Y+1 is now support.
Lawrence's Comment
Recap
Bearish bias worked out. Y-0 resistance sent Aussie down to Y-2 normal target. Closed the week near Y-2 and week low.
Outlook
Y-3 target is still in play. Y-1 ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Pullback to Y-0 and collapsed. Y-1 defended on first touch but failed to hold upon 2nd time. Closed the week below Y-0 and near midpoint.
Outlook
Retest of Y-0 ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
AUDUSD Jan 30 to Feb 03 Outlook
Lawrence’s Comment
Move higher as mentioned last week. 100% absolute range expansion reached. Closed the week near the high of the week. Picture perfect STOPD swing.
Outlook
Congestion or pullback expected. B+1 to Y+3 should put a cap to the run for now. Y+1 is now support.
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