Lawrence's Comment
Recap
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
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Lawrence's Comment
Recap
Sold off as expected. But unlike Aussie, Loonie snapped out of the selling with a sharp bounce back up to its weekly midpoint.
Outlook
As Y-1 and B-0 acted as ...
AUDUSD Dec 04 to Dec 08 Outlook
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