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Lawrence's Comment Recap Y-1 acted as support so no selloff. Once traded above Y+1, clean sail to pre-crisis level at Y+5 (notice how exact that was). Closed the week by doubling ...READ MORELawrence's Comment Recap Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the ...READ MORELawrence's Comment Recap Flushed to almost Y-2 target at the start of the week. Used up the bias right from the start often points to a reversal. Once NQ pushed above Y-1 ...READ MOREIntraday Cycle Projection (AUDUSD) 2013-05-14S&P 500 Aug 27 to Aug 31 OutlookUSDJPY Apr 04 to Apr 08 Outlook3DP Odds Table (AUDUSD) 2021-07-07USDJPY Apr 10 to Apr 14 OutlookAUDUSD Sep 26 to Sep 30 Outlook3DP Odds Table (AUDUSD) 2017-08-31Nasdaq 100 Jan 13 to Jan 17 OutlookIntraday Cycle Projection (AUDUSD) 2021-11-05Intraday Cycle Projection (AUDUSD) 2017-08-23
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AUDUSD Dec 17 to Dec 21 Outlook
Lawrence’s Comment
With help of gold, Aussie did not even stopped at Y+1 on the first retest. Opened the door way to Y+2 and tagging that too in a day. Pullback to Y+1. Closed the week near week high and above Y+1.
Outlook
Was caught by surprise on that 4 hour close above Y+1 on first try. Waited for weaknesses that never happened. Missed the ride to Y+2 myself.
End of week up move failed to close above Y+2. If that stays as resistance a move back down to Y+1 / B-0 is likely. It is by no means a selloff. Just end of year consolidation.
If B+1 is cleared, looking for a quick run to B+2.
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