Lawrence's Comment
Recap
Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low.
Outlook
4 ...
Lawrence's Comment
Recap
Y-0 support early in the week gave us an up drift ended with 3 pushes up breakdown. Y-0 failed to hold this up and a run down to Y-1 ...
Lawrence's Comment
Recap
Was looking for a pullback to Y-0 for confirmation of the strength of the rally. That turned into a full scale selloff. Interesting that it closed at right ...
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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