Trading Edges That Last
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Lawrence's Comment Recap As oppose to just consolidate like Loonie, Aussie continued its path towards the Y-2 target before bouncing back. Attempts to trade above Y-1 failed so far and closed ...READ MORELawrence's Comment Recap Consolidation at 50% week range. Initial FBO against Y+1 led to a pullback to Y-0. Y-0 held and gave us a retest of Y+1. Closed the week above Y-0 ...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 MOREPrecog Vision – Forex 2021-6-9Intraday Cycle Projection (AUDUSD) 2017-08-10Precog Vision – Forex 2014-11-19AUDUSD Aug 15 to Aug 19 OutlookAUDUSD Oct 19 to Oct 23 OutlookHot n Cold (AUDUSD) 2012-9-213DP Odds Table (AUDUSD) 2013-10-28Intraday Cycle Projection (AUDUSD) 2018-08-03Precog Vision – Forex 2014-7-9USDJPY Apr 02 to Apr 06 Outlook
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AUDUSD Feb 01 to Feb 05 Outlook
Lawrence’s Comment
Y-0 support and then breakout to the upside. 100% absolute range expansion stopped the rally. Closed the week above Y+1 and midpoint.
Outlook
Y+1 / B-0 support for the breakout play to continue with upside target Y+3. Failing to hold above Y+1 and that turning into resistance points to Y-1 and below in play.
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