Trading Edges That Last
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AUDUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Equal distance consolidation off open of the week. 1-2-3 buy off round # 0.745 sent Aussie back up to Y-0 / round # 0.760. Closed the week below Y-0 and above midpoint.
Outlook
Down channel intact. Until B+1 is cleared and turning into support, Aussie will likely be forced to retest B-1.
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