AUDUSD Jul 31 to Aug 04 Outlook

Lawrence's Comment Recap Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week ...

Lawrence's Comment Recap Slow drift up at 50% previous week range. After all, no one dare to challenge BOJ at this point. Closed the week near week high and above Y+1. Outlook Japan will ...

Lawrence's Comment Recap Consolidated above Y+1 as expected. Held the support mentioned last week. Rallied to new high by end of the week. Easy week indeed. Closed the week near week high ...

Lawrence's Comment Recap Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1. Outlook Tagging Y-2 early in ...

Lawrence's Comment Recap Aussie held Y-1 and took out Y+1 quickly. This opened the door to Y+2. Y+1 acted as support. Closed the week above Y+1 and midpoint. Outlook As I pointed ...