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.
Lawrence's Comment
Recap
Euro zoomed back up to Y-0 as expected and stalled from there as the strong downside momentum is still in force. Reaching only 50% of the absolute range ...
Lawrence's Comment
Recap
A wash week as I told my premium members with last 2 days of the year likely bearish wiping out the gains. Closed the week above Y-0 and near ...
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AUDUSD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
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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