Trading Edges That Last
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Lawrence's Comment Recap Once Y-0 was breached, we get our target Y-2. Pretty easy, isn't it? Outlook B-1 is potentially a strong support level as many shorts are trapped underneath. If B-1 acts as ...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 Got the expected selloff to Y-1 early in the week. Instead of staying below Y-1, Cable immediately fended off the selling by forming a 1-2-3 buy there. The FBO ...READ MORE3DP Odds Table (AUDUSD) 2014-01-213DP Odds Table (AUDUSD) 2013-09-063DP Odds Table (AUDUSD) 2016-08-02Precog Vision – Forex 2013-4-11Intraday Cycle Projection (AUDUSD) 2022-12-29Precog Vision – Forex 2022-11-15Intraday Cycle Projection (AUDUSD) 2018-07-18USDJPY Apr 18 to Apr 22 OutlookPrecog Vision – Forex 2014-3-5GBPUSD Nov 18 to Nov 22 Outlook
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AUDUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Aussie rushed to Y+2 and rejected decisively. Dropped back down to Y-0 and bounced. Failed to clear the breakout boundary since. Closed the week near Y-0 and below midpoint.
Outlook
As explained last week, whiplash is expected and we’ve got the upside completed. Now as long as B-0 / Y+1 acting as resistance, we get Y-1, Y-2 quickly with target Y-3.
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