Trading Edges That Last
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Lawrence's Comment Recap First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low. Outlook USD strength across the board against ...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 MOREIntraday Cycle Projection (USDCAD) 2015-07-30Intraday Cycle Projection (USDCAD) 2012-12-14GBPUSD Jan 16 to Jan 20 OutlookIntraday Cycle Projection (USDCAD) 2022-09-09Intraday Cycle Projection (USDCAD) 2022-11-04Precog Vision – Forex 2016-4-7GBPUSD Jan 11 to Jan 15 OutlookIntraday Cycle Projection (USDCAD) 2022-02-07Precog Vision – Forex 2022-2-11USDCAD Sep 30 to Oct 04 Outlook
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USDCAD Oct 24 to Oct 28 Outlook
Lawrence’s Comment
Y-0 acted as resistance keeping the price lower. Closed the week below Y-1.
Outlook
The intention is clear – to test the par level 1.00. How the price react from that will tell us if the pair can find a higher low at 1.00 and continue its daily level rally.
Failing to hold 1.00 will induce a quick selloff back down to monthly support zone back down at 0.98 area
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