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
Out of a rare event, we get rare price actions. Out of last week's rare price actions and price patterns, however, the behaviour matches the small number of ...
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 May 26 to May 30 Outlook
Lawrence’s Comment
Y-1 acted as support and forced a run back up to Y+1. Strong reaction there gave us a drop back down. Closed the week below Y-0 and midpoint.
Outlook
Outside week, midpoints near each other but closed within the bottom of the range – indecision with bearish bias.
Again, as long as Y-0 / B-0 acting as resistance, looking for Y-2.
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