Trading Edges That Last
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Lawrence's Comment Recap As expected no major breakout to the upside and stuck within previous week range. Closed the week near Y-0. Outlook Closed another week near the same spot again. Until ...READ MOREPrecog Vision – Forex 2013-3-43DP Odds Table (AUDUSD) 2013-04-26Nasdaq 100 Jan 04 to Jan 08 OutlookEURUSD Feb 15 to Feb 19 OutlookWeekly Cycle Projection (AUDUSD) 2017-04-10Intraday Cycle Projection (AUDUSD) 2012-02-153DP Odds Table (AUDUSD) 2017-12-06Intraday Cycle Projection (AUDUSD) 2014-04-16USDCAD Apr 09 to Apr 13 Outlook3DP Odds Table (AUDUSD) 2021-06-24
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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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