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
Broken below our support zone, but successfully staged a double bottom to blast the price up right underneath. That puts Y-0 into play. Reached Y-0 in midweek and ...
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
Held close from the week before and run higher until 50% range reached. Consolidation / sideway actions all the way. Closed the week above Y+1 and below midpoint.
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AUDUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Congestion between Y-0 and Y+1 as expected.
Outlook
It is obvious that aussie is having difficulty in getting to Y+1. A turn down from B+1 implies a quick test of B-1 in play.
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