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Lawrence's Comment Recap As expected the exhaustion run led to a strong pullback. Y-0 did not act as support and led to all out sell off back down to Y-1. Y-1 was ...READ MORELawrence's Comment Recap As noted last week, a pullback was due. It happened in the first 2 days in the week. But Y-0 was tested and acted as support, so ...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 MOREGBPUSD Jan 04 to Jan 08 Outlook3DP Odds Table (AUDUSD) 2020-07-22USDJPY Dec 15 to Dec 19 OutlookIntraday Cycle Projection (AUDUSD) 2022-09-26Nasdaq 100 Feb 27 to Mar 02 Outlook3DP Odds Table (AUDUSD) 2016-09-013DP Odds Table (AUDUSD) 2019-10-07Precog Vision – Forex 2013-9-20USDJPY Nov 22 to Nov 26 OutlookDow 30 Jun 01 to Jun 05 Outlook
As Featured In
AUDUSD Apr 20 to Apr 24 Outlook
Lawrence’s Comment
Beautiful all week bear flag from the week before led to a gap down open near Y-1. Test of support below Y-1 produced a strong double bottom on 4 hours leading to a move from Y-1 to Y+1 quickly. Y+1 cleared and my Y+2 target was tagged later. Closed the week above Y+1 and midpoint.
Outlook
Outside up close is bullish. Y+1 / B-0 support for at least a retest of B+1. Consolidation is expected near previous week close at 50% week range.
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