Trading Edges That Last
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Lawrence's Comment Recap Dow pushed higher as expected early in the week. Since then failed to clear the upside and breached Y-0. The break led to all out sell off since. Closed ...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 MOREPrecog Vision – Forex 2011-4-203DP Odds Table (AUDUSD) 2019-10-07Weekly Cycle Projection (AUDUSD) 2012-11-12Intraday Cycle Projection (AUDUSD) 2018-12-13Dow 30 Aug 24 to Aug 28 OutlookNasdaq 100 Jul 15 to Jul 19 OutlookPrecog Vision – Forex 2019-10-7Weekly Cycle Projection (AUDUSD) 2014-04-21Intraday Cycle Projection (AUDUSD) 2011-08-09Intraday Cycle Projection (AUDUSD) 2017-08-31
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AUDUSD Jun 24 to Jun 28 Outlook
Lawrence’s Comment
4 hour bear flag breakdown gave us a selloff down to Y-1. The gold flush to new low did the rest and kept Aussie staying around Y-2. Closed the week near week low and below Y-1.
Outlook
Aussie is still moving in sync with gold. Should gold find a bottom in coming few weeks, Aussie should find its bottom too.
As long Y-1 acting as resistance, no point to pick bottom yet.
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