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
As mentioned last week, the reversal potential is there and no longer looking for short. Nailed it. 100% absolute range expansion stopped the run up slighly below ...
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
I was expecting a retest of Y+1 and possibly a run to Y+2. Well, it turned out to be full blown melt up to Y+3. Then, without ...
AUDUSD Jan 21 to Jan 25 Outlook
Lawrence’s Comment
Further consolidation around Y-0 area. End of week weaknesses failed to break the Y-1 support. Closed the week near week low and below Y-0.
Outlook
Inside week from daily up trend is bullish as long as Y-1 can keep Aussie from dropping.
A quick break below B-1 downto B-2 and then snap back up above B-1 will stage a rally to retest Y+1 year high.
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