Recap Y-0 resistance with a drop to Y-1 worked out perfectly. The spike low below Y-1 forced a run back up to the crime scene where the drop started. Closed the week above Y-1 and midpoint.
Outlook Short term low in place as long as Y-1 is acting as support with B+1 and above in play.
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Lawrence's Comment
Recap
All eyes on Greece and that have effective frozen cable and euro around where they were closed the week prior. After the last minute deal was done, normal ...
Lawrence's Comment
Recap
Wild swing all week. Y+1 FBO gave us a drop to Y-0. Y-0 support gave us the perfect excuse to run this up to 1.14 target. Y+2 resistance sent ...
Lawrence's Comment
Recap
Euro in wait and see mode early part of the week for the outcome from Euro zone meeting. After that euro drifted higher but not by much. Closed the ...
USDCAD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
Y-0 resistance with a drop to Y-1 worked out perfectly. The spike low below Y-1 forced a run back up to the crime scene where the drop started. Closed the week above Y-1 and midpoint.
Outlook
Short term low in place as long as Y-1 is acting as support with B+1 and above in play.
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