AUDUSD Nov 26 to Nov 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Breached Y-0 from below early in the week. Simply consolidate around Y-0 since until Friday with a spike move ending the week. Closed the week near week high and tagged Y+1.

Outlook
Aussie moved back to the upper boundary of its consolidation since early November. If it can clear B+1 and stays above, a strong support is in place and B+2 will be tagged quickly.

Failing to hold above Y+1 points to retest of B-0 from above.

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