Lawrence's Comment
Recap
Another winner here. Cleared Y-0 and FBO against Y-1 gave us the fuel to go back up. Cleared Y+1 and almost got Y+2. Closed the week above Y+1 and ...
Lawrence's Comment
Recap
Y-0 resistance gave us test of Y-1 and it was cleared with the added bonus of clearing the support trend line formed over the past 2 weeks. Normal target ...
Lawrence's Comment
Recap
Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint.
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AUDUSD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
Trapped inside previous week range until news shock. FBO on 4 hour against breakout upside boundary. Closed the week above Y-0 and midpoint.
Outlook
FBO setup points to potential move down to Y-1 as long as Y+1 acting as resistance. Break of Y-1 points to Y-3 in play.
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