Trading Edges That Last
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AUDUSD Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Got our targets tagged within first half of the week then stalled from there (Y+2). Y+1 acted as support and closed the week above midpoint.
Outlook
The reaction to Y+2 means the up leg has completed. A pullback is due. As long as Y+2 to B+1 acting as resistance, Aussie will consolidate and pullback to test B-1.
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