Trading Edges That Last
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AUDUSD Mar 25 to Mar 29 Outlook
Lawrence’s Comment
No pullback. Just a pause below Y+1 and then popped higher. Closed the week above Y+1 and near week high.
Outlook
As mentioned last week, as long as there is no confirmed sell setup Aussie can keep going higher after being suppressed for such a long time.
A new support zone is now created at Y+1 / B-0. As long as that holds, another push higher to B+2 is expected.
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