Trading Edges That Last
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Lawrence's Comment Recap Selloff accelerated to the down side with no signs of strength at Y-2 and Y-3. This led to another stop run down to Y-5. Spike reversal against Y-5 gave ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Target mentioned last week tagged first and then bounced off. Second drop broken Y-1 support level and the downside target Y-2 tagged by the end of the week. Outlook Three ...READ MOREPrecog Vision – Forex 2015-9-25USDJPY Aug 31 to Sep 04 Outlook3DP Odds Table (AUDUSD) 2022-11-22Dow 30 May 18 to May 22 OutlookPrecog Vision – Forex 2018-6-53DP Odds Table (AUDUSD) 2020-12-25USDCAD Apr 11 to Apr 15 Outlook3DP Odds Table (AUDUSD) 2018-02-28USDCAD Apr 08 to Apr 12 OutlookUSDJPY Jul 03 to Jul 07 Outlook
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AUDUSD May 11 to May 15 Outlook
Lawrence’s Comment
Y-1 and below proven strong support led to strong rally back up to the crime scene before the break down from the week before last. Since then Aussie stalled. Closed the week near Y-0 and midpoint.
Outlook
Reduced range and closing near both midpoints means indecision. Aussie still not finding its direction yet. Until one side is cleared, expecting range bounded 2-way play.
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