Trading Edges That Last
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Lawrence's Comment Recap Rally continued until Y+2 is tagged. News shock from Euro zone induced a sharp selloff back down to above 1.00, slightly higher than Y-0. Closed the week ...READ MOREFor 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 scheduleREAD MOREPrecog Vision – Forex 2019-7-23Precog Vision – Forex 2016-10-13AUDUSD Jun 25 to Jun 29 OutlookPrecog Vision – Forex 2013-1-11AUDUSD Jan 02 to Jan 06 OutlookIntraday Cycle Projection (USDCAD) 2022-01-113DP Odds Table (USDCAD) 2022-09-093DP Odds Table (USDCAD) 2021-01-28Hot n Cold (USDCAD) 2020-5-29Intraday Cycle Projection (USDCAD) 2021-04-05
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USDCAD Mar 23 to Mar 27 Outlook
Lawrence’s Comment
Loonie reacted the same way like the other majors to the FOMC announcement last week. Break down from the daily up trend tagged normal sell off target of Y-2. Strong reaction to Y-2. Closed the week below Y-1 and midpoint.
Outlook
Outside week and closing below Y-1 is bearish. Short term top in place with sideway actions expected as weekly up trend is still intact.
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