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Lawrence's Comment Recap More upside as expected. Consolidated around Y+1. Closed the week near Y-0 and below midpoint. Outlook First week long pullback. as long as Y-0 / B-1 acting as support, B-0 is ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from ...READ MORELawrence's Comment Recap Pushed above Y+1 following the up channel play but failed to hold above Y+1. That set the stage for a test of Y-0. Broken the channel to the downside ...READ MOREFor 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 scheduleREAD MOREAUDUSD Apr 01 to Apr 05 Outlook3DP Odds Table (USDCAD) 2016-12-05Precog Vision – Forex 2017-2-28Hot n Cold (USDCAD) 2012-7-53DP Odds Table (USDCAD) 2020-03-25GBPUSD Feb 23 to Feb 27 OutlookUSDCAD Jun 03 to Jun 07 OutlookPrecog Vision – Forex 2014-11-26Weekly Cycle Projection (USDCAD) 2021-06-21AUDUSD Jul 08 to Jul 12 Outlook
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USDCAD May 21 to May 25 Outlook
Lawrence’s Comment
As expected the rally continues. Y-0 acted as support and forced a strong breakout to Y+3. Closed the week near week high.
Outlook
Short term bottom in place. Long bias until 1.08 is tagged.
Next week, however, is more likely to consolidate near B+1 with 50% range of previous week.
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