AUDUSD Oct 03 to Oct 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Aussie held previous week close and pushed higher to Y+1 and above. Y+1 failed to act as support and led to a drop back down to week low. Closed the week above Y-0 and near midpoint.

Outlook
Y+1 /B+1 resistance will send Aussie back down to B-1 and B-2.

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