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.
Lawrence's Comment
Recap
A mysterious week indeed. Despite all factors going against the market, Dow and ES matched straight up clearing their resistances and landed ES at 1500 area. Closed the week ...
For 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 schedule
For 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 schedule
AUDUSD Jan 07 to Jan 11 Outlook
Lawrence’s Comment
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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