Recap Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above Y+2 and near week high.
Outlook More upside is expected. Consolidation will keep price holding around B+1.
Lawrence's Comment
Recap
Euro moved lower and made a flush at 1.34 instead of 1.33. Stayed tight range and reversed higher late in the week. Closed near Y-1 and above midpoint.
Outlook
A temporary ...
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Lawrence's Comment
Recap
Tagged upside target after bounced off Y-0. That played out as expected. Disappointed, however, that cable failed to hold above Y+1 as support and dropped back down ...
Lawrence's Comment
Recap
Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for ...
USDCAD May 25 to May 29 Outlook
Lawrence’s Comment
Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above Y+2 and near week high.
Outlook
More upside is expected. Consolidation will keep price holding around B+1.
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