Recap FBO last week gave us the drop down to near Y-2 until 100% absolute range expansion was tagged. Closed the week below Y-1 and midpoint.
Outlook Y-2 / B-1 support will force a retest of the 0.77 breakdown crime scene. Until we have a clean break of Y-2, Aussie is simply moving back into the previous consolidation area for more sideway actions.
Lawrence's Comment
Recap
3 pushes up into Y+2 resistance, signalled clean drop to Y-1. Got the drop and found support. ES bounced back up after news about Ukraine was fed out at ...
Lawrence's Comment
Recap
Y-0 acted as resistance, down trend continued. Sold off to my downside target by the end of the week. Closed the week near week low and below Y-2.
Outlook
Not time ...
Lawrence's Comment
Recap
Tight range consolidation around Y-1. Closed the week above Y-1 and midpoint.
Outlook
Retest B+1. If successfully taken out B+1, then B+2 to Y-0 is the target.
Lawrence's Comment
Recap
Cable bear flag pushed right into the resistance zone mentioned last week. Bear flag broken to the down side and gave us a clean slide to below Y-2 normal ...
AUDUSD May 02 to May 06 Outlook
Lawrence’s Comment
FBO last week gave us the drop down to near Y-2 until 100% absolute range expansion was tagged. Closed the week below Y-1 and midpoint.
Outlook
Y-2 / B-1 support will force a retest of the 0.77 breakdown crime scene. Until we have a clean break of Y-2, Aussie is simply moving back into the previous consolidation area for more sideway actions.
Share