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Lawrence's Comment Recap Moved higher as expected. Target of above Y+2 reached and a rounding top was formed. End of week selloff brought ninja back down. Closed the week above Y+1 and ...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 Trapped between Y-0 downto Y-1. Nothing much happened for the pair. Outlook Bottoming formation promising but not in place yet. Must successfully break above B+1 and that turning into ...READ MORE3DP Odds Table (AUDUSD) 2013-01-173DP Odds Table (AUDUSD) 2013-01-21Intraday Cycle Projection (AUDUSD) 2017-02-08USDJPY Apr 07 to Apr 11 OutlookDow 30 Mar 23 to Mar 27 OutlookWeekly Cycle Projection (AUDUSD) 2018-11-05Precog Vision – Forex 2018-3-20Intraday Cycle Projection (AUDUSD) 2013-04-30USDJPY Jan 16 to Jan 20 OutlookWeekly Cycle Projection (AUDUSD) 2013-05-13
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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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