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AUDUSD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
50% previous week range consolidation. Happens often after an initiate reversal. Closed the week near midpoint.
Outlook
A run to B+1 will trigger a run to Y+1, B+2 and B+3.
Less likely scenario is that if Aussie drops quickly early in the week down to B-1 and that B-0 acting as resistance, then B-2 is in play.
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