Trading Edges That Last
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Lawrence's Comment Recap As expected, cable price trapped between Y-1 to Y+1. Attempt to break lower failed then higher high and higher low swinged cable back up to almost Y+1. Closed the ...READ MOREPrecog Vision – Forex 2017-5-19Intraday Cycle Projection (AUDUSD) 2012-07-25Intraday Cycle Projection (AUDUSD) 2021-04-193DP Odds Table (AUDUSD) 2021-01-11Precog Vision – Forex 2016-5-12Precog Vision – Forex 2016-10-193DP Odds Table (AUDUSD) 2012-02-20Hot n Cold (AUDUSD) 2019-10-4GBPUSD Sep 30 to Oct 04 Outlook3DP Odds Table (AUDUSD) 2019-10-07
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AUDUSD Aug 25 to Aug 29 Outlook
Lawrence’s Comment
The other easy play of the week. Bear flag broken, sending Aussie straight down to target and bounced. Closed the week above Y-0 and midpoint.
Outlook
Support tested and rejected decisively. The other end, above B+1 to Y+2 is in play. Until Y+2 is cleared and that B+1 is acting as support, Aussie is simply buying time and waiting for gold to give it a direction.
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