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Lawrence's Comment Recap Held Y-1 in the beginning of the week and drifted higher to Y-0. Found resistance and trashed down to my downside target Y-2. Went sideway since. Closed the week ...READ MORELawrence's Comment Recap FBO (false breakout) early in the week gave us Y-1 as the downside target. That worked out quickly and tagged Y-2 before the pair can find support. ...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 Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low. ...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 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 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 MOREAUDUSD Apr 28 to May 02 OutlookUSDCAD Mar 05 to Mar 09 OutlookPrecog Vision – Forex 2013-6-13Hot n Cold (AUDUSD) 2020-4-17GBPUSD Sep 12 to Sep 16 Outlook3DP Odds Table (AUDUSD) 2021-04-21Precog Vision – Forex 2011-10-5Precog Vision – Forex 2015-1-293DP Odds Table (AUDUSD) 2021-11-30Precog Vision – Forex 2016-1-20
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AUDUSD May 19 to May 23 Outlook
Lawrence’s Comment
Consolidation around previous week close as expected. 50% range. Closed the week above Y-0 and near midpoint.
Outlook
The consolidation exposed the weaknesses in Aussie as the reaction to Y+1 was very strong.
A longer pullback is probably in play if Y+1 / B+1 caps the upside. Downside target around B-2.
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