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Lawrence's Comment Recap Y-0 never challenged. Cable simply consolidating around Y+1 within 50% absolute range. Closed the week below Y+1 and midpoint. Outlook The more interesting scenario is that cable breaking below ...READ MORELawrence's Comment Recap Dow popped higher yet failed to clear Y+2. Breached Y+1 by end of the week and dropped to Y-0 and below. Closed the week near Y-0 and week low. ...READ MORELawrence's Comment Recap Bottom of the boundary on weekly tested and rejected. Door opened to challenge Y+1 since and was tested near end of the week. Closed the week above Y-0 and ...READ MORELawrence's Comment Recap Y-1 acted as support and sent this back up to Y-0 resistance. Closed the week near Y-0 and above midpoint. Outlook B-0 / Y-0 zone potential support for breakout ...READ MOREUSDCAD Sep 21 to Sep 25 OutlookGBPUSD Sep 24 to Sep 28 OutlookDow 30 Jun 13 to Jun 17 OutlookUSDJPY Sep 28 to Oct 02 OutlookUSDJPY Oct 03 to Oct 07 Outlook3DP Odds Table (AUDUSD) 2017-05-09Intraday Cycle Projection (AUDUSD) 2012-01-24AUDUSD Feb 26 to Mar 02 OutlookAUDUSD Feb 20 to Feb 24 OutlookS&P 500 Jan 14 to Jan 18 Outlook
As Featured In
AUDUSD Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the week above Y+1 and midpoint.
Outlook
Aussie pretty much rushed to the original crime scene where it first broke down from a thin up channel. Now a repeat of the same happened which suggested that a higher timeframe down channel is in the making. As long as B+1 is acting as resistance Aussie will retest Y+1.
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