AUDUSD Mar 16 to Mar 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Beautiful drop from the head and shoulder neckline to the target in 1 go. Eventually stopped at 100% range expansion and bounced. Closed the week near Y-2 and below midpoint.

Outlook
Down trend established on daily. Until Aussie can reverse the trend Y-1 / B+1 strong resistance with more down side.

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