AUDUSD Dec 12 to Dec 16 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected, failed to breakout above Y+1 and dropped back down to Y-0. Closed the week at midpoint.

Outlook
Intervention effect from the central banks takes time to be absorbed by the markets.

As long as B-1 holds, Aussie has a good chance to test B+1 again.

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