Recap Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
Lawrence's Comment
Recap
Rallied to the upside target of Y+2. Found resistance and sold off back down to Y-0 support. Y-0 could not hold it up, resulted in directional slide down to ...
Lawrence's Comment
Recap
Did not stop at the Y-0 resistance. Instead, formed a double top to break back down before Y-0. That ensured Y-1 to be retested. At 100% absolute range ...
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
USDCAD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook
Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
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