Recap Y-0 support gave us the run to Y+2 as expected. 3 pushes up against Y+2 produced the drop back down to Y+1. Closed the week above Y-0 and below midpoint.
Outlook Potential FBO against Y+1 in place. As long as Y+1 /B-0 acting as resistance Aussie may have to drop back down to Y-1.
For 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 schedule
For 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 schedule
Recap of Last Week Yellow zone acted as support and the pair went higher as expected. It did not quite reach the target area (green zone) because it stalled ...
For 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 schedule
AUDUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment
Y-0 support gave us the run to Y+2 as expected. 3 pushes up against Y+2 produced the drop back down to Y+1. Closed the week above Y-0 and below midpoint.
Outlook
Potential FBO against Y+1 in place. As long as Y+1 /B-0 acting as resistance Aussie may have to drop back down to Y-1.
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