Recap As expected long continuation week for Aussie. Closed the week at week high.
Outlook The rally last week was a bit weaker than expected. As all other currencies are also in wait and see mode due to crisis in Europe, it is difficult to look for more.
As long as B-0 acts as support, still bullish for Aussie to go higher.
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
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 18 to Jun 22 Outlook
Lawrence’s Comment
As expected long continuation week for Aussie. Closed the week at week high.
Outlook
The rally last week was a bit weaker than expected. As all other currencies are also in wait and see mode due to crisis in Europe, it is difficult to look for more.
As long as B-0 acts as support, still bullish for Aussie to go higher.
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