Lawrence's Comment
Recap
Swing top formed with FBO against Y+1. Collapsed back down to Y-0. Closed the week near Y-0 and below midpoint.
Outlook
Y+1 / B-0 now resistance until proven otherwise. ...
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
Failure to tag Y+1 early in the week sent the pair back down to Y-1. As Y-1 did not contain the drop, further weaknesses was expected from ...
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 29 to May 03 Outlook
Lawrence’s Comment
No selloff. No major bounce. Another pair just stuck at Y-1. Closed the week near Y-1 and midpoint.
Outlook
Looking for a breakout play if B+1 or B-1 is taken out by a strong move and turning them into the platform for the next move.
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