Recap Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 and near week high.
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high.
Outlook
This reversal is expected and ...
USDCAD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 and near week high.
Outlook
More upside likely. Support Y+1 / B-0.
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