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
Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the ...
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USDCAD Apr 30 to May 04 Outlook
Lawrence’s Comment
Resistance zone worked out giving us a flush to below Y-1 in one slow drop. Y-1 turned into resistance and closed the week at week low.
Outlook
Y-2 is still in play.
A quick flush to Y-2 and bounce back above B-1 could signal a short term bottom with consolidation near B-0 area.
Taking out B-0 quickly from below will send loonie back to B+1.
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