AUDUSD Jun 27 to Jul 01 Outlook

By News Robot

Lawrence’s Comment

Recap
Pre-Brexit ramp up from Y+1 to normal breakout target of Y+3. Spike reversal from Y+3 gave us Y+1 and then Y-1. Closed the week near Y+1 and midpoint.

Outlook
FBO against 0.75 long term resistance. Confirmation this week will point to swing top in place with more downside in coming weeks.

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