AUDUSD Apr 16 to Apr 20 Outlook

Recap
As mentioned last week, the reversal potential is there and no longer looking for short. Nailed it. 100% absolute range expansion stopped the run up slighly below Y+1. Closed the week near midpoint and Y-0.

Outlook
Feels like king when a market behaves almost exactly as expected. =)

The bottoming process in Aussie is closely related to how gold will play out at the current juncture. So keep an eye on gold price movement will help here.

For this week, as long as B-0 acting as support, looking for a run to retest B+1 and potential to tag B+2.