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
Lawrence's Comment
Recap
Did not get the upside breakout I am looking for. Aussie failed to push higher and slided down to below Y-1. Pullback failed to clear Y-0 and selloff from ...
Lawrence's Comment
Recap
Y-0 failed to hold Aussie, got the flush to Y-1. Y-1 found support, zoomed back up to Y+1. Strong reaction to Y+1 yet midpoint of week acted as support. ...
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 12 to Jan 16 Outlook
Lawrence’s Comment
The above Y-2 bottoming scenario unfolded. Double bottom with a run to Y+1 by end of the week. Closed the week above Y-0 and at week high.
Outlook
B-0 / Y-0 support with B+2 and B+3 in play.
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