Lawrence's Comment
Recap
Dow pushed higher as expected. NFP week pattern played out nicely. Closed the week above Y+1 and near week high.
Outlook
NFP week is over so a surprise take ...
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 Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Y-0 acted as support as expected and a double bottom was formed late in the week to break the Y+1 resistance.
Outlook
As long as B-0 to Y+1 acts as support, B+2 is likely.
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