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Lawrence's Comment Recap As expected we got the pull back I was looking for, but the target of Y-0 was not tagged. Instead, Dow stopped above it when 100% absolute ...READ MOREPrecog Vision – Forex 2022-3-16Precog Vision – Forex 2023-5-2Nasdaq 100 Feb 28 to Mar 04 OutlookPrecog Vision – Forex 2020-5-223DP Odds Table (AUDUSD) 2020-09-17S&P 500 Oct 26 to Oct 30 OutlookIntraday Cycle Projection (AUDUSD) 2019-04-02Dow 30 Dec 12 to Dec 16 Outlook3DP Odds Table (AUDUSD) 2014-10-313DP Odds Table (AUDUSD) 2011-12-27
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AUDUSD May 05 to May 09 Outlook
Lawrence’s Comment
Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it either. US NFP report sent Aussie down to my downside flush target and bounced. Closed the week above Y-1 and midpoint.
Outlook
As mentioned last week Aussie has one more flush in it and it found an excuse to finish the job. With a strong rejection below in place, Y-1 acting as support is likely with not only a retest of Y+1 / B+1 but also a run to B+2 has a good chance.
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