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Lawrence's Comment Recap Initial gap down in beginning of the week did not stop NQ from zooming higher to the Y+2 / Y+3 target. Yet NQ failed to hold at ...READ MORELawrence's Comment Recap Pullback to Y-0 support and took off. Upside target Y+2 not tagged yet. Closed the week above Y+1 and near week high. Outlook Y+2 still in play. FBO against ...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 MORENasdaq 100 Jun 25 to Jun 29 OutlookAUDUSD Jul 03 to Jul 07 Outlook3DP Odds Table (AUDUSD) 2016-03-31S&P 500 Mar 21 to Mar 25 Outlook3DP Odds Table (AUDUSD) 2014-07-253DP Odds Table (AUDUSD) 2015-03-27Intraday Cycle Projection (AUDUSD) 2012-09-20Hot n Cold (AUDUSD) 2012-4-20Precog Vision – Forex 2023-4-27Precog Vision – Forex 2013-1-14
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AUDUSD Feb 14 to Feb 18 Outlook
Lawrence’s Comment
Was looking for a pullback to Y-0 for confirmation of the strength of the rally. That turned into a full scale selloff. Interesting that it closed at right at Y-0.
Outlook
Closing at Y-0 means some kind of equalibrium is reached at current price level. Thus the pair is likely going into congestion, trapped between B-0 and B-1. A break of B-1 means B-2 will be tested quickly.
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