Lawrence's Comment
Recap
Aussie flushed to almost Y-2 before snapping back up to above Y-0 and then consolidated for the rest of the week. Closed the week above Y-1 and midpoint.
Outlook
Gold did ...
Lawrence's Comment
Recap
4 Hour down channel break. Weekly bull flag breakout. Tagged and cleared weekly resistance. Closed the week above Y+2 and near week high.
Outlook
The breakout momentum points to ...
AUDUSD Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Y-1 failed to support the pair so it slided to Y-2. Bounced back to Y-1 and stalled from there since. Closed the week below Y-1.
Outlook
B-1 retest is in play. If B-0 is taken out quickly will look for a retest of Y-0 to B+1 area.
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