Recap Previous week close defended,move back up to the daily congestion upper boundary. Closed the week above Y+1 and near week high.
Outlook 4 hour up trend established trying to breakout of the congestion zone. Clean breakout of B+1 will likely give us B+2. FBO against B+1 points to a drop back down to B-1 / Y-1 again.
Lawrence's Comment
Recap
Rumors / news shocks flying high with inverse head and shoulder formed against Y-1. Upside breakout immediately get us Y+3 target. Closed the week above Y+2 and at weak ...
Lawrence's Comment
Recap
Aussie tried to hold above Y+1 but failed. That opened the door to Y-1 retest. Got the retest done and bounced off since. Closed the week above midpoint and ...
AUDUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Previous week close defended,move back up to the daily congestion upper boundary. Closed the week above Y+1 and near week high.
Outlook
4 hour up trend established trying to breakout of the congestion zone. Clean breakout of B+1 will likely give us B+2. FBO against B+1 points to a drop back down to B-1 / Y-1 again.
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