AUDUSD Dec 03 to Dec 07 Outlook

By News Robot

Lawrence’s Comment

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.

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