Lawrence's Comment
Recap
Cable continued matching upward and cleared Y+2. It did not stop until 1.63 was tagged. 1-2-3 sell pushed it back down to the low of the week. Closed ...
Lawrence's Comment
Recap
Bullish target above Y+1 tagged in the beginning of the week as expected. Then the surprise part was a quick run down breaking Y-1 in one go. That ...
Lawrence's Comment
Recap
The easy play last week. Y-0 acted as resistance and gave us a selloff down to Y-3 my target. It cannot get any easier than this. Closed the week ...
Lawrence's Comment
Recap
Sold back down to Y-0 first as expected. Further weaknesses took it down to Y-1. But gap was not filled and a bounce from the gap top killed ...
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USDCAD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
As expected stuck within the tight week established over the past several weeks. Closed the week near midpoint.
Outlook
If B-0 acts as support and push for a breakout of B+1, we have a short term uptrend in place.
Otherwise not expecting any significant move from the pair.
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