AUDUSD Jul 23 to Jul 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint.

Outlook
As mentioned last week, uptrend is intact thus aussie should go higher. More upside is expected even with the not likely scenario of a slow pullback to B-1.

B-0 down to Y+1 should be strong support and act as platform for a retest of B+1.

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