Lawrence's Comment
Recap
ES broken out of the thin up channel but it did not result in a pullback. The week turned into consolidation. Closed the week above Y+1 and midpoint.
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AUDUSD Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Aussie consolidation around Y+1 in tight range. Closed the week near Y+1 and midpoint.
Outlook
Wait and see mode as Aussie parked at the same level again. Breaking below B-1 and that turning into resistance points to B-2 and below.
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