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.
Recap of last week Previous week low tagged first as expected. Then previous month close acted as resistance, and run down to the target of previous month low - ...
Simplex was created along with several other models long time ago to provide daily guidelines to a group of forex traders who worked with me long time ago. These models ...
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 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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