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Lawrence's Comment
Recap
Y-1 failed to hold up the pair. Y-0 was not even challenged from below. Closed the week, however, above Y-1.
Outlook
Opened the door to test Y-2 below. Breaking ...
Lawrence's Comment
Recap
Got the wild swings mentioned last week. Violent breakout to the upside and tagged the Y+2 tagged. Once the upside objective is reached, ES started to free ...
AUDUSD Nov 28 to Dec 02 Outlook
Lawrence’s Comment
Failed to break above the resistance zone I mentioned last week, selloff continue. Closed the week near the low of the week.
Outlook
The down channel is intact but potential double bottom is in place. If rally above B-0, B+1 is in play.
It is more likely for the pair to stay below B-0. A test of B-0 from below that fails to take out B-0, will result in further sell off down to B-2.
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