Lawrence's Comment
Recap
Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back ...
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
Lawrence's Comment
Recap
Resistance zone worked out and forced a drop to Y-1 as expected. Closed the week below Y-1 and at week low.
Outlook
More downside expected. daily down trend established.
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Lawrence's Comment
Recap
Early in the week tried to fill the gap above and failed. That points to the downside gaps in play. Later in the week 2 downside gaps ...
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
USDCAD Aug 22 to Aug 26 Outlook
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