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Lawrence's Comment Recap My bearish bias is proven correct and B-2 was tagged. Closed the week below Y-2 and at week low. Outlook Again, back to 1.59 support zone. A decision has ...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 MOREHot n Cold (AUDUSD) 2018-8-10GBPUSD Nov 12 to Nov 16 Outlook3DP Odds Table (AUDUSD) 2013-10-23Weekly Cycle Projection (AUDUSD) 2022-07-18Precog Vision – Forex 2014-6-4Precog Vision – Forex 2017-1-30AUDUSD Oct 12 to Oct 16 OutlookHot n Cold (AUDUSD) 2011-12-7Weekly Cycle Projection (AUDUSD) 2015-07-27USDCAD Aug 14 to Aug 18 Outlook
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AUDUSD May 26 to May 30 Outlook
Lawrence’s Comment
Easy play of the week. Y-0 resistance sent Aussie back down to Y-2 as expected. The nice surprise was the cut through with no reaction there at all. 200% absolute range expansion stopped the drop. Closed the week below Y-3 and midpoint.
Outlook
Y-2 / B-0 resistance above. Momentum too strong for any significant bounce to happen. Thus more downside likely before a chance of a stronger bounce.
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