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Lawrence's Comment Recap Congestion between Y-0 and Y+1 as expected. Outlook It is obvious that aussie is having difficulty in getting to Y+1. A turn down from B+1 implies a quick test ...READ MOREDow 30 Dec 29 to Jan 02 Outlook3DP Odds Table (USDCAD) 2013-08-28Intraday Cycle Projection (USDCAD) 2011-06-133DP Odds Table (USDCAD) 2018-06-153DP Odds Table (USDCAD) 2018-04-30AUDUSD Apr 18 to Apr 22 OutlookHot n Cold (USDCAD) 2011-10-25S&P 500 Feb 18 to Feb 22 OutlookUSDCAD May 31 to Jun 04 Outlook3DP Odds Table (USDCAD) 2022-08-10
As Featured In
USDCAD Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Spike low against Y-1 gave us Y-0 as expected. Y-0 resistance forced a drop back down to Y-1. As gold zoomed higher late in the week, it gave fuel to the pair for full breakout down to Y-3. Closed the week below Y-2 and near week low.
Outlook
1.08 is historically important price level. Jumping through it due to stop run implies a retest will have to happen in the near future. Short side not in control until proven otherwise. The test of 1.08 / B-0 will clue us in.
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