AUDUSD Apr 25 to Apr 29 Outlook

By News Robot


Lawrence’s Comment

Recap
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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