Trading Edges That Last
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Lawrence's Comment Recap Was consolidating until BOC surprised the world with a rate cut. Surprise breakout target of 200% range expansion tagged by the end of the week. Closed the week above ...READ MOREFor 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 scheduleREAD MORES&P 500 Nov 06 to Nov 10 OutlookPrecog Vision – Forex 2011-6-23DP Odds Table (AUDUSD) 2014-07-09Intraday Cycle Projection (AUDUSD) 2017-03-31S&P 500 Jun 06 to Jun 10 OutlookPrecog Vision – Forex 2018-5-11USDCAD Jan 26 to Jan 30 Outlook3DP Odds Table (AUDUSD) 2014-05-05Hot n Cold (AUDUSD) 2019-10-4Precog Vision – Forex 2018-10-15
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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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