Recap Y-0 to Y+1 was not even challenged. Aussie dropped straight down to Y-3 , the 200% range expansion target. Bounced back up from there to close near Y-1.
Outlook Down trend established. Y-1 to B+1 should act as strong resistance and a retest of B-1 is expected.
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Lawrence's Comment
Recap
Was consolidating until BOC surprised the world with a rate cut. Surprise breakout target of 200% range expansion tagged by the end of the week. Closed the week above ...
Lawrence's Comment
Recap
NQ tried very down in the beginning of the week to hold onto Y+1 as support, yet Dow was so weak, it dragged NQ and ES along back down. ...
AUDUSD Sep 19 to Sep 23 Outlook
Lawrence’s Comment
Y-0 to Y+1 was not even challenged. Aussie dropped straight down to Y-3 , the 200% range expansion target. Bounced back up from there to close near Y-1.
Outlook
Down trend established. Y-1 to B+1 should act as strong resistance and a retest of B-1 is expected.
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