Trading Edges That Last
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As Featured In
AUDUSD Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Aussie looks awfully like euro dollar these past 2 weeks. Bear flag selloff below Y-1 yet finding support below Y-1 and bounced back above Y-1 to close the week.
Outlook
The news shock from euro zone sent everything into a tailspin midweek last week but that does not change the outweek by the end of the week as aussie recovered.
Aussie is still stuck in the prescribed range of Y-1 / B-0 upto Y+1. It is not trending.
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