
Lawrence’s Comment
Recap Bullish scenario unfolded and tagged Y+2 target. STOPD swing in its simplest form. Closed the week at its high.
Outlook
Should move higher above B+1 early in the week. Many Asian markets are close on Monday thus gold and forex may suffer liquidity issues.
If B+1 failed to act as support after moving above it on 4 hour, a retest of B-0 will happen quickly.
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AUDUSD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
Bullish scenario unfolded and tagged Y+2 target. STOPD swing in its simplest form. Closed the week at its high.
Outlook
Should move higher above B+1 early in the week. Many Asian markets are close on Monday thus gold and forex may suffer liquidity issues.
If B+1 failed to act as support after moving above it on 4 hour, a retest of B-0 will happen quickly.
Share