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AUDUSD Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Pullback deeper than originally thought. Y-1 acted as support still and ralled all the way to Y+1 target. Closed the week near week high.
Outlook
Aussie did not close above Y+1, making it possible for a top to form early next week if Y+1 is not cleared. No strong bias in either direction.
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