Trading Edges That Last
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As Featured In
AUDUSD Feb 13 to Feb 17 Outlook
Lawrence’s Comment
Topped at the resistance area as expected and sold off to Y-0 as expected as well.
Outlook
A choice has to be made here and that depends on gold.
If gold is going to stay strong, then Aussie will likely hold Y-0 support and retest B+1.
If B-0 turns into resistance, then Aussie will be forced to drop back down to B-2 before it gets a better chance to form a bottom.
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