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AUDUSD Apr 30 to May 04 Outlook
Lawrence’s Comment
A flush to Y-2 resulted in a quick bounce back above Y-1. That puts Y+1 in play. As mentioned last week, we are looking for a run to Y+1, then Y+2. Got both by end of the week.
Outlook
Aussie can pullback from here but it is not necessary until Y+3 is tagged.
It should hold B-0 area as support if it is going higher.
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