For 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 schedule
Lawrence's Comment
Recap
Waiting mode in the beginning of the week for Bank of Canada rate decision. The announcement induces the pair to break below its tight range and eventually ...
For 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 schedule
AUDUSD Nov 10 to Nov 14 Outlook
Lawrence’s Comment
Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint.
Outlook
A crossroad here for Aussie. Being able to clear B-0 and that turning into support we get B+1 and probably Y-0 again.
As long as B-0 / Y-2 acting as resistance, Aussie may have to retest B-1 again.
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