Lawrence's Comment
Recap
NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and above ...
Lawrence's Comment
Recap
Downside bias happened and tagged downside target of Y-2. But dropped in a 3 pushes down manner instead of a selloff. Closed the week above midpoint.
Outlook
This week due ...
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 23 to Jun 27 Outlook
Lawrence’s Comment
Pullback to Y-1 as expected. Found support and zoomed back up until 100% absolute range expansion. Closed the week near Y-0 and midpoint.
Outlook
Normal pullback in progress. Holding Y-0 / B-0 for a retest of Y+1 is possible but not necessary.
Consolidation in summer often takes more than a week to complete. Expect more sideway actions this week.
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