Trading Edges That Last
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AUDUSD Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Bad data affected this chart. Aussie pushed higher above Y+1 but failed to hold up at the end and dropped all the way back to Y+1. Closed the week below Y+1 and near week low.
Outlook
The messy situation at Yemen has affected gold and in turn Aussie. Will be difficult to swing play Aussie until the situation at Yemen settle down.
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