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Lawrence's Comment Recap Cable reversed its down trend from exactly the level I mentioned last week and zoomed to Y+1. Very strong reaction to Y+1 bringing cable back down to Y-1. Closed ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Consolidation whole week. 50% range of the week prior. Closed the week at midpoint above Y-1. Outlook No real direction will be established until the politicians / governments sort out ...READ MOREGBPUSD Mar 23 to Mar 27 OutlookUSDJPY Jan 04 to Jan 08 OutlookPrecog Vision – Forex 2019-4-29USDJPY Aug 22 to Aug 26 OutlookIntraday Cycle Projection (AUDUSD) 2017-06-21GBPUSD Apr 19 to Apr 23 OutlookUSDJPY Dec 04 to Dec 08 Outlook3DP Odds Table (AUDUSD) 2012-04-19Weekly Cycle Projection (AUDUSD) 2012-08-13Intraday Cycle Projection (AUDUSD) 2023-03-03
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AUDUSD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
As expected the consolidation led to further weaknesses and that the downside target of Y-2 was tagged. Aussie went sideway since. Closed the week near Y-2 and below midpoint.
Outlook
Holiday trading points to tight range and noisy movements in smaller timeframes. It will not be a surprise to see an expanded horizontal move between B-1 upto B+2. It is not necessary a change of direction. It is more like big time bears need to close their books for profit booking purpose.
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