Recap Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint.
Outlook As long as Y-3 / B-1 acting as support, B-0 and Y-1 are in play.
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
Feb close did not even attempt to hold up at Y-1 and slided to 50% downside expansion target at Y-2. The bounce was stopped right at Y-1 ...
USDCAD Jun 13 to Jun 17 Outlook
Lawrence’s Comment
Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint.
Outlook
As long as Y-3 / B-1 acting as support, B-0 and Y-1 are in play.
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