Recap Pulled back to our downside target from last week then consolidate. Retest of Y+1 failed to breakout to the upside.
Outlook Direction is not established from the test. Hence we need to breakout of the range B+1 and B-1 for confirmed rally continuation or a DT in the making.
Lawrence's Comment
Recap
Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint.
Outlook
For the breakout to continue, Y-1 must ...
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
Stronger than expected bounce led to tagging Y-0. But that was all we got. Closed the week near midpoint.
Outlook
Coiled up formation means breakout in the making. Focus ...
Lawrence's Comment
Recap
Y+1 cleared as expected. Consolidation action around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Condolidation with strong close implies above B+1 likely. Strong reversal from above B+1 and below ...
AUDUSD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Pulled back to our downside target from last week then consolidate. Retest of Y+1 failed to breakout to the upside.
Outlook
Direction is not established from the test. Hence we need to breakout of the range B+1 and B-1 for confirmed rally continuation or a DT in the making.
Share