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Lawrence's Comment Recap Consolidation around previous week close. Pretty standard reaction to a huge run. Closed the week below Y+1 and midpoint. Outlook A huge void zone was created below where there was not ...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 MOREHot n Cold (AUDUSD) 2012-11-16Weekly Cycle Projection (AUDUSD) 2016-06-20Hot n Cold (AUDUSD) 2019-10-4Weekly Cycle Projection (AUDUSD) 2020-08-24S&P 500 Aug 27 to Aug 31 OutlookNasdaq 100 Feb 24 to Feb 28 OutlookDow 30 Apr 08 to Apr 12 OutlookHot n Cold (AUDUSD) 2012-6-263DP Odds Table (AUDUSD) 2011-04-15Precog Vision – Forex 2019-10-7
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AUDUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment
Pullback from Y+1 to Y-0 as expected. A sudden turn from above Y-1 breaking Y+1 points to Y+3 in play. Once Y+3 was tagged, the rest of the week went sideway.
Outlook
The sudden rally is part of the sync USD trashing. As the target zone Y+3 was touched perfectly, the move is still a controlled move.
Congestion between B-0 and B+1 likely with upside bias to tag Y+4.
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