Recap Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low.
Outlook 4 Hour head and shoulder in place with B-2 target in play. Y-1 now strong resistance.
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
Lawrence's Comment
Recap
No pullback to support making this more difficult to go higher. Consolidation above Y+1 all week. Closed the week above midpoint and Y+1.
Outlook
Y+1 acted as support all week points ...
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 Mar 09 to Mar 13 Outlook
Lawrence’s Comment
Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low.
Outlook
4 Hour head and shoulder in place with B-2 target in play. Y-1 now strong resistance.
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