Recap A quick run to Y+2 has broken the down trend. Aussie fought hard to hold up at the midpoint of its run. Closed the week above Y+1 and near week high.
Outlook Sudden strength in Aussie created the potential of a short term rally once B+1 is cleared. If B+1 / Y+2 stops the run, Aussie will have to back off and retest Y-0 and below.
Lawrence's Comment
Recap
4500 support mentioned last week gave us a run back up all the way to Y-0 and FOMC decision helped to push NQ towards the former parking zone at ...
Lawrence's Comment
Recap
Similar to Dow, ES simply dropped as expected. After clearing Y-3, ES found support and bounced. ES rallied all the way up until Friday. Closed the week below Y-1 ...
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
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 Aug 10 to Aug 14 Outlook
Lawrence’s Comment
A quick run to Y+2 has broken the down trend. Aussie fought hard to hold up at the midpoint of its run. Closed the week above Y+1 and near week high.
Outlook
Sudden strength in Aussie created the potential of a short term rally once B+1 is cleared. If B+1 / Y+2 stops the run, Aussie will have to back off and retest Y-0 and below.
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