AUDUSD Jul 09 to Jul 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Keep drifting higher most of the week. Due to holiday week, 50% previous week range around Y+1 bounded the price actions. Closed the week near week low and below Y+1.

Outlook
Failure to take out Y+1 / B-0 early next week means a push towards Y-0 is in play. As long as Y-0 can hold this up, looking for this rally to continue.

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