AUDUSD Aug 31 to Sep 04 Outlook

By News Robot

Lawrence’s Comment

Recap
Tight range breakout to the downside. 200% range expansion target Y-5 tagged and bounced. Wild swing since although trapped within the range. Closed the week below Y-3 and near midpoint.

Outlook
This breakout has not reached its targets yet. Y-2 / B-0 zone strong resistance for new low next week.

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