Recap Aussie flushed to almost Y-2 before snapping back up to above Y-0 and then consolidated for the rest of the week. Closed the week above Y-1 and midpoint.
Outlook Gold did not fair well last week but Aussie is holding on its own. It is a sign of strength. Will look for long from 4 hour bull flag breakout for a run back upto B+2.
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Lawrence's Comment
Recap
No weaknesses at all. Just consolidate around Y-0 and held Y-1 support without even touching it. That was the sign of strength. Rally and breakout above Y+1 late in ...
Lawrence's Comment
Recap
Yeary STOPD expansion target Y+1 stopped the run and led to the first significant pullback in months. Directional drop from previous week close straight down to Y-1 and 100% ...
AUDUSD Mar 11 to Mar 15 Outlook
Lawrence’s Comment
Aussie flushed to almost Y-2 before snapping back up to above Y-0 and then consolidated for the rest of the week. Closed the week above Y-1 and midpoint.
Outlook
Gold did not fair well last week but Aussie is holding on its own. It is a sign of strength. Will look for long from 4 hour bull flag breakout for a run back upto B+2.
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