AUDUSD Jan 07 to Jan 11 Outlook

By News Robot

Lawrence’s Comment

Recap
No resistance at all from Y+1, as Aussie zoomed thru the price in 1 go. That put Y+3 in play. Ended up tagging Y+4 before it can pause. Violent pullback down to Y+1 for a test of support. Closed the week above Y+2 and midpoint.

Outlook
Below 1.04 rejected with extreme reaction. As long as Y+1 holds, B+2 in play.

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