Trading Edges That Last
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Lawrence's Comment Recap 3rd week in a row the major US indices are repeating what happened last year. The rising wedge broken early in the week and turning into sideway action around ...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 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 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 2019-1-1Hot n Cold (AUDUSD) 2018-11-30Hot n Cold (AUDUSD) 2011-10-14Dow 30 Jan 21 to Jan 25 OutlookPrecog Vision – Forex 2015-9-23Precog Vision – Forex 2012-1-253DP Odds Table (AUDUSD) 2016-06-09Precog Vision – Forex 2014-6-53DP Odds Table (AUDUSD) 2018-10-243DP Odds Table (AUDUSD) 2020-10-05
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AUDUSD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week close. Closed the week above Y-0 and below midpoint.
Outlook
Aussie at up trend line support. This holds, another push higher likely. Resistance at Y+1 / B-0 breaking the close will give us B-2.
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