Recap Easy trade of the week. Cleared resistance zone mentioned last week quickly. Tagged Y+3 target by end of week. Closed the week above Y+2 and midpoint.
Outlook Wide range week with strong close. Clearing B+1 likely. Consolidation around Monday range also likely.
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Lawrence's Comment
Recap
Rallied to Y+2. As if hitting a brick wall, euro made a hard turn and dropped back to Y+1 and then broken down to retest Y-1. Closed the ...
Lawrence's Comment
Recap
Consolidation week before Memorial holiday is the norm and we got exactly that last week. Tight range consolidation around Y+1. Closed the week below Y+1 and midpoint.
Outlook
Mild ...
USDCAD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Easy trade of the week. Cleared resistance zone mentioned last week quickly. Tagged Y+3 target by end of week. Closed the week above Y+2 and midpoint.
Outlook
Wide range week with strong close. Clearing B+1 likely. Consolidation around Monday range also likely.
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