Lawrence's Comment
Recap
Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high.
Outlook
Consolidation around B+1 likely until NFP Friday.
Lawrence's Comment
Recap
Bearish scenario unfolded exactly as predicted. Downside target B-2 tagged and closed the week below Y-1.
Outlook
A retest of B-1 is likely. B-0 should act as resistance until B-1 ...
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AUDUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Took off from support mentioned last week. Got target Y+2 and above. Closed the week above Y+2 and at week high.
Outlook
No surprise with the short term bottom. Consolidation between B+1 / B-0 likely as Brexit will likely dominate the scene.
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