AUDUSD Apr 27 to May 01 Outlook

By News Robot

Lawrence’s Comment

Recap
Best behaving pair last week. Consolidation around previous week close at 50% week range. Closed the week near Y+1 and week high.

Outlook
Breakout above Y+1 / B+1 points to quick test of B+2. FBO against B+1 below B+2 will drop Aussie back down to B-1 and likely lower.

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