Trading Edges That Last
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Lawrence's Comment Recap Rejected Y-1 in the beginning of the week with Y-0 failed to act as resistance hinted that Y+1 was going to be challenged. The breakout to the ...READ MORES&P 500 Dec 17 to Dec 21 OutlookHot n Cold (AUDUSD) 2017-3-10Hot n Cold (AUDUSD) 2012-7-19Precog Vision – Forex 2020-12-17Precog Vision – Forex 2022-1-283DP Odds Table (AUDUSD) 2021-12-07Intraday Cycle Projection (AUDUSD) 2014-09-12S&P 500 Sep 10 to Sep 14 Outlook3DP Odds Table (AUDUSD) 2021-04-29Intraday Cycle Projection (AUDUSD) 2012-10-29
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AUDUSD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
Aussie breached Y-0 and gave us a nice drop to Y-1. Failed to hold Y-1 and broke down to Y-2 and then Y-3 before it could bounce. Y-2 resistance sent it down to Y-4 eventually. Closed the week below Y-4 and near week low.
Outlook
Gold’s weaknesses foretell this pullback in Aussie a week ago. The extension to Y-4 was a surprise. Weekly trend is now down. B-0 strong resistance with lower price level expected early next week. Even if Aussie goes into consolidation, it will be wild swings both ways.
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