Trading Edges That Last
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As Featured In
AUDUSD Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Y-0 support gave us the breakout I was looking for. Got Y+2 and paused there. And then the big news on gold helped Aussie clearing the resistance with a squeeze. Closed the week near Y+5 and above midpoint.
Outlook
Bullish bias mostly used up for now as short squeeze / stop run based move do not last. A wild consolidation is in the card now. 50% week range expected with two ways action around B+1.
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