Recap Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
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
AUDUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook
Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
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