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Lawrence's Comment Recap Y-1 failed to act as resistance giving us FBO against Y-1 and opened the door to Y+1. Y+1 cleared and Y+3 reversal breakout target tagged. Closed the week above ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap I was looking for a reversal and we got it. The run back up to Y+1 was not a surprise. What is interesting is the continuous grind up despite ...READ MORELawrence's Comment Recap Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low. ...READ MOREDow 30 Nov 19 to Nov 23 OutlookDow 30 Sep 10 to Sep 14 OutlookAUDUSD Mar 07 to Mar 11 OutlookIntraday Cycle Projection (AUDUSD) 2014-04-24Precog Vision – Forex 2014-11-5Dow 30 Feb 09 to Feb 13 OutlookGBPUSD Sep 12 to Sep 16 OutlookS&P 500 Dec 26 to Dec 30 OutlookDow 30 Dec 12 to Dec 16 OutlookIntraday Cycle Projection (AUDUSD) 2018-10-01
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AUDUSD Sep 10 to Sep 14 Outlook
Lawrence’s Comment
Instead of a regular bottom, we got a flush first below Y-2. Then a mini double bottom on hourly started the short squeeze we’ve been looking for. After clearing Y-1, the target Y+1 was then in play. Closed the week above Y-0 and at the week high.
Outlook
This week a test of Y+1 is very likely.
If it is cleared quickly, then a consolidation around B+1 within Y-0 to Y+1 is a signal of continuation run to B+2.
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