Trading Edges That Last
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Recap of past week 1-2-3 buy off the previous low (the yellow zone) made a good run but failed to take out the previous week high, resulting in a ...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 MORELawrence's Comment Recap Wild swing all week. Y+1 FBO gave us a drop to Y-0. Y-0 support gave us the perfect excuse to run this up to 1.14 target. Y+2 resistance sent ...READ MOREHot n Cold (AUDUSD) 2018-3-30Precog Vision – Forex 2015-4-1Intraday Cycle Projection (AUDUSD) 2021-12-23Hot n Cold (AUDUSD) 2012-10-24AUDUSD Nov 04 to Nov 08 OutlookUSDJPY Week of Nov 1 – 5 OutlookIntraday Cycle Projection (AUDUSD) 2021-01-253DP Odds Table (AUDUSD) 2017-07-17Precog Vision – Forex 2022-9-8EURUSD Sep 21 to Sep 25 Outlook
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AUDUSD Oct 22 to Oct 26 Outlook
Lawrence’s Comment
Sudden reversal from Y-0 sending Aussie back up above Y+2 and challenged previous month close. Failed to push through on this first try. Closed the week above Y+1 and midpoint.
Outlook
The pop was a surprise caused by news shock somehow at the right time (when Aussie was testing Y+1 from below). Now Aussie has to prove itself can hold above previous month low and then it is good to go higher.
So both weekly and monthly basis all eyes on B-0 / Y+1 now.
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