For 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 schedule
Lawrence's Comment
Recap
Failed to clear resistance mentioned last week. Tagged Y-2 downside target by end of the week. No surprise and easy week. Closed the week near week low and Y-2.
Outlook
Slow ...
For 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 schedule
For 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 schedule
AUDUSD Oct 24 to Oct 28 Outlook
Lawrence’s Comment
Y-0 acted as support and closed the week above Y+1.
Outlook
Consolidation after a strong rally is normal. breakout above Y+1 to B+1 will give us B+3 target.
Failure to go higher from B+2 next week will lead to a selloff back down to B-2.
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