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
Lawrence's Comment
Recap
As expected, not much movement for this pair due the rally made the week before this past week takes some time for the players to digest. The ...
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 Jun 01 to Jun 05 Outlook
Lawrence’s Comment
Bearish expectation worked out. Y-1 resistance sent Aussie down to below Y-2. Closed the week below Y-2 and near week low.
Outlook
Potential breakdown in the making with target below B-2 if Aussie cannot clear Y-2 / B-0 resistance.
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