Lawrence's Comment
Recap
Y-1 failed to act as support thus turning Y-0 into resistance zone. The pair then dropped from Y-0 down to Y-2 and closed the week there.
Outlook
Uptrend in Aussie ...
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Lawrence's Comment
Recap
Pullback early in the week proven Y-0 as strong support. However, Euro has difficulties in pushing through Y+1. Closed the week near week high and above Y+1.
Outlook
The ...
Lawrence's Comment
Recap
Got downside breakout which was the side with better odds. Tagged Y-2 target and consolidated since. Closed the week above Y-2 and below midpoint.
Outlook
Notice the way it drops is ...
AUDUSD Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Consolidated around Y-0 and Y-1. Closed the week above Y-1.
Outlook
If Y-1 acts as support and send the pair above 1.06 area, the 4 hour level down trend will be broken. That puts B+1 and B+2 in play.
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