Lawrence's Comment
Recap
Colsolidation around Y-1 until FOMC announcement. Test of 1.31 round # failed and led to equal distance drop down to week low. Closed the week below Y-1 and midpoint.
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Lawrence's Comment
Recap
Broken above the resistance zone mentioned last week, leading to immediate reversal to normal upside target of Y+2. Stalled from Y+2 and tried to stay above Y+1 ...
Lawrence's Comment
Recap
Y-1 support sent cable back up to Y-0. Y-0 resistance dropped cable down to 1.49 round number. 1-2-3 buy on 4 hour sent it back up to Y-1 and ...
Lawrence's Comment
Recap
Tight range consolidation near Y-0 first half of the week. Then the whiplash mentioned last week came. First a push towards Y+1 and failed. Then collapsed at the end ...
USDCAD Nov 25 to Nov 29 Outlook
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