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
Lawrence's Comment
Recap
Drifted up as expected, except that shock caused by euro broken down. Closed the week at midpoint.
Outlook
A new year means a new initiation process starting this week. ...
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 27 to May 01 Outlook
Lawrence’s Comment
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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