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.
ContentReviewEuro Too Weak to Find a BottomS&P Correction ContinuesGold Taking a PauseBig Picture SummaryReviewEuro continue to print lower lows as expected.S&P break of 2940 gave us the drop expected. Target ...
Lawrence's Comment
Recap
Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 ...
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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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