Trading Edges That Last
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Lawrence's Comment Recap Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint. Outlook B-1 ...READ MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MORE3DP Odds Table (AUDUSD) 2016-01-29Intraday Cycle Projection (AUDUSD) 2012-06-053DP Odds Table (AUDUSD) 2013-02-12Precog Vision – Forex 2011-4-253DP Odds Table (AUDUSD) 2015-10-20EURUSD Sep 05 to Sep 09 OutlookIntraday Cycle Projection (AUDUSD) 2022-03-23Precog Vision – Forex 2018-7-18Intraday Cycle Projection (AUDUSD) 2017-05-15Precog Vision – Forex 2022-10-4
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AUDUSD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Aussie unfolded exactly as expected. Bounced back to Y-0 and stalled from there since. Retest of Y-1 happened at the end of the week. Closed the week at Y-1.
Outlook
Critical week.
Breaking below B-1 will create a flush down to, as a minimum, B-2. B-3 will be the more likely target before a pause.
Double bottom from B-1 with a breakout above B+1 can send Aussie all the way back up to B+3.
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