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AUDUSD Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Dropped to Y-1 and found support. Stopped at resistance zone mentioned last week. Closed the week below Y0 and above midpoint.
Outlook
Tight range consolidation while trapped between Y-0 and B-0 points to breakout play. Failing to hold Y-1 will give us B-2 and B-3 quickly. Breakout above B+1 will give us Y+1 retest.
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