AUDUSD Oct 26 to Oct 30 Outlook

By News Robot

Lawrence’s Comment

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.

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