Recap Up trend expectation worked out from support. Y+2 normal target tagged. Closed the week above Y+1 and near week high.
Outlook Brexit can cause all the majors to go into stand still situation. Consolidation around B-0 potential. As long as Y-0 / B-0 zone stays as support,up trend intact for more upside.
Lawrence's Comment
Recap
Y-0 support sent this higher to test Y+1. Turned lower below Y+1 opening the door to Y-1. Y-1 tagged and bounced. Closed the week above Y-0 and B-0.
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USDCAD May 30 to Jun 03 Outlook
Lawrence’s Comment
Up trend expectation worked out from support. Y+2 normal target tagged. Closed the week above Y+1 and near week high.
Outlook
Brexit can cause all the majors to go into stand still situation. Consolidation around B-0 potential. As long as Y-0 / B-0 zone stays as support,up trend intact for more upside.
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