Recap Another one pullback to Y-0 as expected. The interesting thing though is that it took Aussie almost the full week to get down there. Closed the week above Y-0 and below midpoint.
Outlook Retest of B+1 / Y+1 in play as long as B-1 is acting as support. Whole week last week is a bull flag so as long as the formation is intact cannot turn bearish on this.
Lawrence's Comment
Recap
NFP week bias worked out again even though ES looked like it wanted to break down after Tuesday's selloff. By Friday after NFP, ES flushed lower yet someone stepped ...
Lawrence's Comment
Recap
Resistance zone mentioned last week sent cable to new low against Y-1. 3 Pushes Down enabled cable to stage a come back to Y-0 crime scene. Stop hunt since ...
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 Dec 03 to Dec 07 Outlook
Lawrence’s Comment
Another one pullback to Y-0 as expected. The interesting thing though is that it took Aussie almost the full week to get down there. Closed the week above Y-0 and below midpoint.
Outlook
Retest of B+1 / Y+1 in play as long as B-1 is acting as support. Whole week last week is a bull flag so as long as the formation is intact cannot turn bearish on this.
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