Trading Edges That Last
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Lawrence's Comment Recap Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint. Outlook As mentioned last week, uptrend is intact thus aussie ...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 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 MORE3DP Odds Table (USDCAD) 2022-10-31AUDUSD Mar 11 to Mar 15 OutlookIntraday Cycle Projection (USDCAD) 2011-10-21Intraday Cycle Projection (USDCAD) 2012-10-04AUDUSD Jul 23 to Jul 27 Outlook3DP Odds Table (USDCAD) 2016-10-12Precog Vision – Forex 2019-8-21Precog Vision – Forex 2022-11-213DP Odds Table (USDCAD) 2011-07-29Intraday Cycle Projection (USDCAD) 2017-12-05
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USDCAD Oct 05 to Oct 09 Outlook
Lawrence’s Comment
Y-0 support as expected gave us the continuation move to take out Y+1. Since then FBO against Y+1 gave us a clean drop to Y-0 and breaking below quickly points to Y-1 target. Y-1 tagged by Friday. Closed the week below Y-1 and at week low.
Outlook
Outside down week is bearish. New low against B-1 is likely with the crime scene 1.31 of great interest. If flush low below B-1 does not tag B-2 and snap back up above B-1 quickly, an attempt for B-0 and the crime scene above at 1.335 will be in play.
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