Recap Y-0 resistance sent Aussie down to Y-1. Y-1 acted as support sent Aussie back up to Y-0. Closed the week near Y-1 and below midpoint. Outlook Tight range week with no winner yet. For up trend to resume, breakout above B+1 is needed. More downside to B-2 is more likely.
Lawrence's Comment
Recap
Weaknesses right off the start. Got my target and Y-2 as well in 1 go. Drifted up slowly since then back to Y-1 area. Closed the week ...
Lawrence's Comment
Recap
Ninja rising wedge into 110 before breaking the support which points at the target of below Y-1. Y-1 reached and 1.08 right below promptly defended it with an all ...
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 26 to Oct 30 Outlook
Lawrence’s Comment
Y-0 resistance sent Aussie down to Y-1. Y-1 acted as support sent Aussie back up to Y-0. Closed the week near Y-1 and below midpoint.
Outlook
Tight range week with no winner yet. For up trend to resume, breakout above B+1 is needed. More downside to B-2 is more likely.
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