Trading Edges That Last
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Lawrence's Comment Recap 78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high. Outlook As long as B-0 acts as support, B+2 should ...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 MOREPrecog Vision – Forex 2018-9-25Precog Vision – Forex 2021-9-33DP Odds Table (AUDUSD) 2012-07-12Precog Vision – Forex 2015-4-3USDJPY Jul 30 to Aug 03 OutlookPrecog Vision – Forex 2022-1-12GBPUSD Feb 04 to Feb 08 OutlookWeekly Cycle Projection (AUDUSD) 2015-02-16Intraday Cycle Projection (AUDUSD) 2012-09-04Intraday Cycle Projection (AUDUSD) 2014-10-31
As Featured In
AUDUSD May 13 to May 17 Outlook
Lawrence’s Comment
This pair caught me by surprise with a breakout to the downside. When Y-1 rejected the bounce we got a go for Y-3. Flushed all the way down to Y-4 before Aussie found support. Closed the week above Y-4 and below midpoint.
Outlook
Australia is now infected by the currency war hence it will move like them from now on. Without support from gold, Aussie will probably stuck at the bottom of the range around Y-4 this week. If Gold can rally back up early this week, looking for Aussie to bounce back up to B-0.
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