Trading Edges That Last
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Lawrence's Comment Recap Stopped right at the resistance zone mentioned last week. Sold off to Y-0 with very strong reaction to the price level, implying that Y-0 is strong support ...READ MORELawrence's Comment Recap Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint. ...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 MOREPrecog Vision – Forex 2023-3-30Intraday Cycle Projection (AUDUSD) 2020-05-14USDJPY Aug 07 to Aug 11 OutlookAUDUSD Mar 07 to Mar 11 OutlookIntraday Cycle Projection (AUDUSD) 2017-07-27Hot n Cold (AUDUSD) 2013-7-5USDCAD Jun 20 to Jun 24 OutlookPrecog Vision – Forex 2011-10-21Nasdaq 100 Apr 18 to Apr 22 OutlookUSDJPY Sep 10 to Sep 14 Outlook
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AUDUSD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Aussie rising wedge turned into a thin up channel leaning on Y-0 support. Normal upside target Y+2 tagged. Closed the week above Y-0 and below midpoint.
Outlook
Potential break of up channel and rising wedge in progress. As long as Y+1 / B-0 zone acting as resistance a drop towards B-2 is likely.
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