Lawrence's Comment
Recap
The selloff scenario played out where the target of Y-3 was tagged.
The strength of the rally in the 2nd half of the week is a bit surprising ...
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
This time it is South Korea's Bank of Korea who cuts its interest rate. As mentioned last time, once Japan started QE, it would reverse the effects of US ...
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 Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Channel play as expected. Pushed to Y+2 and stalled. Closed the week near Y+1 and below midpoint.
Outlook
Channel break down will give us at least B-2 and likely lower.
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