Recap Aussie consolidated around Y-0. Stop run happen to both sides. Closed the week near Y-0 and midpoint.
Outlook Although gold has been strong last week, Aussie failed to follow. It is rare that this happens. Inside week closing near midpoint implies indecision. Will wait for reaction at test of B+1 / B-1 before jumping in.
Lawrence's Comment
Recap
Upside breakout. Just like any normal breakout, it got the normal target of Y+3 and pullback since. Closed the week near Y+2 and above midpoint.
Outlook
Election result is ...
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
The bad news for bulls materialized last week. Dow tried hard to hold every intraday support zone yet breached them all when the news of another bank trouble had ...
AUDUSD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
Aussie consolidated around Y-0. Stop run happen to both sides. Closed the week near Y-0 and midpoint.
Outlook
Although gold has been strong last week, Aussie failed to follow. It is rare that this happens. Inside week closing near midpoint implies indecision. Will wait for reaction at test of B+1 / B-1 before jumping in.
Share