AUDUSD Sep 07 to Sep 11 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 resistance sent Aussie down to Y-1 and the original down side target. Y-1 turning into resistance gave way to Y-2. Closed the week below Y-2 and at week low.

Outlook
More down side is expected. A bounce to B-0 is possible but not necessary. Down trend in force until Aussi can sit above B-0 as support.

Share

  • You must be logged in to comment. Log in