AUDUSD Jul 06 to Jul 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 resistance as expected giving us a perfect drop to below Y-2. Closed the week below Y-2 and near week low.

Outlook
Last part of the drop is partly stop run and partly panic from breaking of a strong support zone. The momentum will carry Aussie lower. If Aussie can spike low early next week, a consolidation week back up to 0.76 is possible.

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