Recap Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint.
Outlook As mentioned last week, uptrend is intact thus aussie should go higher. More upside is expected even with the not likely scenario of a slow pullback to B-1.
B-0 down to Y+1 should be strong support and act as platform for a retest of B+1.
Lawrence's Comment
Recap
As mentioned last week, ninja is showing signs of strength. Cleared Y+1 in one go and tagged Y+2 early in the week. Ninja keep pushing until 150% range expanded ...
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Lawrence's Comment
Recap
Y-1 acted as support and forced a run back up to Y+1. Strong reaction there gave us a drop back down. Closed the week below Y-0 and midpoint.
Outlook
Outside week, ...
AUDUSD Jul 23 to Jul 27 Outlook
Lawrence’s Comment
Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint.
Outlook
As mentioned last week, uptrend is intact thus aussie should go higher. More upside is expected even with the not likely scenario of a slow pullback to B-1.
B-0 down to Y+1 should be strong support and act as platform for a retest of B+1.
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