Trading Edges That Last
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AUDUSD Feb 16 to Feb 20 Outlook
Lawrence’s Comment
Retest of the lows happened as as Aussie failed to push higher from Y-0. Support found near Y-1 and bounced back. Closed the week above Y-0 and midpoint.
Outlook
2nd reject in place against Y-1. As long as Aussie can hold Y-0, an attempt for B+1 and above is likely.
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