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Lawrence's Comment Recap As expected more downside to Y-2 before a bounce. Failed to clear Y-1 leading to extended slide down to Y-3 normal expansion target. Closed the week below Y-2 and ...READ MORELawrence's Comment Recap Breakout upside right from the start of the week met with news shock sending the pair back to Y-0. Y-0 acted as support and closed the week ...READ MORELawrence's Comment Recap Short squeeze triggered after ninja refused to go below Y-0 at all. Then normal upside expansion to Y+2 before it stopped. Closed the week near week high and below ...READ MORELawrence's Comment Recap ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week ...READ MOREGBPUSD Jan 12 to Jan 16 OutlookUSDJPY Mar 05 to Mar 09 Outlook3DP Odds Table (AUDUSD) 2023-05-023DP Odds Table (AUDUSD) 2014-12-033DP Odds Table (AUDUSD) 2015-03-06USDJPY Mar 11 to Mar 15 OutlookS&P 500 Oct 26 to Oct 30 Outlook3DP Odds Table (AUDUSD) 2017-12-14USDJPY May 24 to May 28 Outlook3DP Odds Table (AUDUSD) 2012-03-12
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AUDUSD Dec 09 to Dec 13 Outlook
Lawrence’s Comment
No strength to push above Y+1, lower prints happened. Pretty much as expected. The more interesting part is that gold has broken its daily down trend by the end of last week giving Aussie some holding strength. Closed the week above Y+1 and midpoint.
Outlook
As long as Aussie can hold Y-1 , a rally back up to Y+1 and then B+2 is due.
If Aussie fails to hold above B-1, another strong slide down to B-3 will be triggered.
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