Recap Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week high.
Outlook Strong support below Y-1 / B-0 until proven otherwise. More upside in store for coming weeks.
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
Y-0 acted as support as expected and Y+2 upside target tagged early in the week. Then Y+1 acting as support gave us a go for Y+3. Closed the week ...
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
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
Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low.
Outlook
Breaking below B-1 without testing B-0 first points ...
USDCAD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week high.
Outlook
Strong support below Y-1 / B-0 until proven otherwise. More upside in store for coming weeks.
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