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
Recap of last week Breakout upside. First 50% upside target of previous week range worked out. The 50% upside target of previous month range was almost tagged and stalled ...
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 Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Y-1 failed to act as support thus turning Y-0 into resistance zone. The pair then dropped from Y-0 down to Y-2 and closed the week there.
Outlook
Uptrend in Aussie is over on daily. As long as B-0 to B+1 acting as resistance more downside is expected.
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