Recap V-reversal not confirmed by end of week. Range bounded move all week between Y-0 and Y-1. News shock later in the week led to 2-way fade out. Closed the week below Y-0 and above midpoint.
Outlook Potential spike and ledge top in the making. Brexit will tell us if that is true.
Lawrence's Comment
Recap
No strength to push above Y+1, lower prints happened. Pretty much as expected. The more interesting part is that gold has broken its daily down trend by the end ...
Lawrence's Comment
Recap
Y-1 tested and held up. Ninja was then sent back up to Y-0 and round number at 120. 120 sellers show up and pressed ninja back down. Closed the ...
AUDUSD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
V-reversal not confirmed by end of week. Range bounded move all week between Y-0 and Y-1. News shock later in the week led to 2-way fade out. Closed the week below Y-0 and above midpoint.
Outlook
Potential spike and ledge top in the making. Brexit will tell us if that is true.
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