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As Featured In
AUDUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
Y-0 resistance sent Aussie down to Y-2 target. Channel formation in place sending Aussie down to Y-3 where the channel bottom is. Closed the week near Y-2 and below midpoint.
Outlook
Channel play until Aussie move out of the channel. Y-1 strong resistance until proven otherwise. A retest of B-1 likely.
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