Recap Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
Lawrence's Comment
Recap
Test of Y-0 as expected. Euro held up well there, led to a run above Y+1. Euro could not stay above and stalled back down. Closed the week below ...
USDCAD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook
Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
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