Recap Y-1 support gave us test of Y-0 and above resistance. Failed to hold above Y-0 gave us retest of Y-1 and a break down to Y-2. Closed the week near Y-2 and week low.
Outlook Stop hunt driven move does not last. Y-2 / Y-3 strong support on higher tiimeframes. Support zone holds a retest of Y-1/ B-0 from below is likely.
Lawrence's Comment
Recap
Data repair was done after the chart update over the weekend. Next week will have the correct prices shown. Euro slipped below Y-1 yet no stops were discovered which ...
Lawrence's Comment
Recap
Retest of the lows happened as as Aussie failed to push higher from Y-0. Support found near Y-1 and bounced back. Closed the week above Y-0 and midpoint.
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Lawrence's Comment
Recap
Gold did not give Aussie a chance at all. As gold weaken again, Aussie failed to hold Y-1 and gave us the continuation target of Y-2. Flushed thru Y-2 ...
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USDCAD Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Y-1 support gave us test of Y-0 and above resistance. Failed to hold above Y-0 gave us retest of Y-1 and a break down to Y-2. Closed the week near Y-2 and week low.
Outlook
Stop hunt driven move does not last. Y-2 / Y-3 strong support on higher tiimeframes. Support zone holds a retest of Y-1/ B-0 from below is likely.
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