Recap Strong reactions around Y-1. 100% absolute range expansion capped the moves. Closed the week below Y-1 and midpoint.
Outlook Y+1 now important resistance to clear to confirm weekly pullback completion. 1.32 down to 1.30 consolidation important for the monthly uptrend to continue.
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Lawrence's Comment
Recap
Gapped below Y-1 to open the week turned Y-0 into resistance. Y-0 capped the attempt to go higher gave us a retest of week low at Y-2. Ninja flushed ...
USDCAD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Strong reactions around Y-1. 100% absolute range expansion capped the moves. Closed the week below Y-1 and midpoint.
Outlook
Y+1 now important resistance to clear to confirm weekly pullback completion. 1.32 down to 1.30 consolidation important for the monthly uptrend to continue.
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