Recap Aussie capped by monthly level resistance while finding support at weekly level. Hence trapped within Y-1 and Y+1. Closed the week below Y-0 and midpoint.
Outlook Breakout mode with no strong bias towards either direction. Wait and see game here. First strong leg out of the range will give us the direction to follow.
Lawrence's Comment
Recap
Got the pullback as expected. Not much else to play with since. Closed the week near Y-0 and B-1.
Outlook
2 weeks in a row with midpoint around same price level ...
Lawrence's Comment
Recap
Dow failed to hold above 13450, gave way to a flush to Y-1. Cleared Y-1 easily, pointing to Y-2 as the target. After tagging Y-2, Dow bounced ...
AUDUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Aussie capped by monthly level resistance while finding support at weekly level. Hence trapped within Y-1 and Y+1. Closed the week below Y-0 and midpoint.
Outlook
Breakout mode with no strong bias towards either direction. Wait and see game here. First strong leg out of the range will give us the direction to follow.
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