AUDUSD Jul 22 to Jul 26 Outlook

Recap
The outside week setup did not produce a direction for us. Instead, Aussie pushed all the way back up and consolidated within Y-1 to Y+1. Y-0 did not act as resistance at all. Closed the week near Y-0 and midpoint.

Outlook
Rare combination of outside week and then inside week. Signs of indecision.

The consolidation can continue until one side gives in.

Price pattern suggests potential retest of B+1 / Y+1 first following with continuation sell off to retest B-1.