Trading Edges That Last
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Lawrence's Comment Recap Breached Y-0 from below early in the week. Simply consolidate around Y-0 since until Friday with a spike move ending the week. Closed the week near week ...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 MORE3DP Odds Table (AUDUSD) 2023-04-05Hot n Cold (AUDUSD) 2011-5-13Intraday Cycle Projection (AUDUSD) 2013-08-08Intraday Cycle Projection (AUDUSD) 2023-01-11Precog Vision – Forex 2018-2-6AUDUSD Nov 26 to Nov 30 Outlook3DP Odds Table (AUDUSD) 2016-04-11EURUSD Oct 18 to Oct 22 OutlookPrecog Vision – Forex 2015-4-283DP Odds Table (AUDUSD) 2023-05-02
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AUDUSD Feb 10 to Feb 14 Outlook
Lawrence’s Comment
Breakout happened although it is not towards the downside. Same drill with Y+3 normal breakout target tagged and consolidated around that since. Closed the week below Y+3 and above midpoint.
Outlook
Gold spiked higher and Aussie confirmed that. It is producing a very interesting setup.
If gold finds resistance right above and selloff again, Aussie will be forced to drop back down to at least B-1.
If gold can hold the top range from last week while Aussie pullback to B-0, upside breakout of B+1 will give us at least B+3.
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