Lawrence's Comment
Recap
Y+1 acted as resistance and sent the pair back down to Y-1 as expected. Closed the week near week low and Y-1.
Outlook
Short term top in place meaning ...
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Lawrence's Comment
Recap
Same as Dow, NQ held Y-0 giving us the Y+2 target. Y+2 was blown through later the week with Y+3 tagged. Closed the week at Y+3 and week high.
Outlook
As ...
USDCAD Sep 07 to Sep 11 Outlook
Lawrence’s Comment
Consolidation above former weekly resistance level. 100% absolute range bounded the moves. Closed the week above Y-0 and midpoint.
Outlook
Weekly level bull flag is now in place. A test of B+1 and above is in order which in turn can lead to continuation move to B+2.
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