Trading Edges That Last
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Lawrence's Comment Recap Retest of pre-breakout level as expected when Euro failed to hold above Y-0. Closed the week below Y-0 and midpoint. Outlook Tight range week waiting for news to find ...READ MOREIntraday Cycle Projection (AUDUSD) 2013-06-18Precog Vision – Forex 2011-3-13USDCAD Jul 03 to Jul 07 OutlookUSDCAD Dec 31 to Jan 04 OutlookPrecog Vision – Forex 2015-8-263DP Odds Table (AUDUSD) 2020-09-30Precog Vision – Forex 2013-12-17Intraday Cycle Projection (AUDUSD) 2016-03-03EURUSD Feb 19 to Feb 23 OutlookEURUSD Feb 22 to Feb 26 Outlook
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AUDUSD Jun 30 to Jul 04 Outlook
Lawrence’s Comment
Another week of going nowhere as expected. Gold’s strength has helping Aussie to stay above Y-0 most of the week. Closed the week above Y-0 and midpoint.
Outlook
Reduced range with both Y+1 and Y-0 rejected decisively means breakout play. As long as Aussie is within the range of B+1 / Y+1 and B-1 / Y-0 the expectation is that Aussie will stay in the range.
Once Aussie can move out of the range, will take that as the direction for the next swing.
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