AUDUSD Aug 24 to Aug 28 Outlook

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

Lawrence's Comment Recap Limited upside done on Monday. Held onto 50% pullback from the swing low 2 weeks prior. Test of Monday high failed and stalled back down to Y-0. Closed the ...

Lawrence's Comment Recap Euro dropped to Y-1 and found support right below. 4 hour bottom from there sent euro back up to near Y+1. Euro paused when it reached 100% absolute range ...

Lawrence's Comment Recap Quick rally to clear the resistance above confirming strength. Y-0 support gave us an updrift to 120 round number. Since then ninja breakout above and reached normal bullish target ...

Lawrence's Comment Recap Dropped to B-2 with 1.31 not acting as support at all. This gives way to 1.30 round number and below. Closed the week below Y-2 and near week low. ...