Trading Edges That Last
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USDCAD Dec 02 to Dec 06 Outlook
Lawrence’s Comment
As mentioned last week, strong support at Y-0 with more upside expected. Unfolded without surprise. Closed the week above Y+1 and midpoint.
Outlook
Aussie and Lonnie are both under the influence of gold heavily these 2 months, so pay attention to what happen in gold will give you clues what will happen next with these 2 pairs.
Above B+1, the long time favourite 1.08 will be in play again. Will not counter this up trend until 4 hours giving me a sell setup.
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