Recap Formed a slightly higher low and then pushed higher. Yet failed to clear the original bear flag support line that is now resistance. Closed the week above midpoint.
Outlook Inside week. Bear flag all week just like many other pairs. As long as B+1 is acting as resistance more down side is expected.
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
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 Oct 15 to Oct 19 Outlook
Lawrence’s Comment
Formed a slightly higher low and then pushed higher. Yet failed to clear the original bear flag support line that is now resistance. Closed the week above midpoint.
Outlook
Inside week. Bear flag all week just like many other pairs. As long as B+1 is acting as resistance more down side is expected.
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