Recap Spike top led to test of Y-1 and wait for Brexit. Spike low against Y-1 led to a rush back up to Y-0 and then Y+1. Closed the week above Y-0 and midpoint.
Outlook See-saw actions 4 weeks in a row. Outside reversal week is bullish. As long as 1.28 holds, more upside likely.
Recap of Last Week Tight range due to absolute expansion from prior week tagging range of first week of the month/year. Closed the week below midpoint and also prior ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Simply stuck since open of the week. Late rally in end of week tried to push itself above the weekly close prior to the crisis week and failed.
Outlook
If ...
USDCAD Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Spike top led to test of Y-1 and wait for Brexit. Spike low against Y-1 led to a rush back up to Y-0 and then Y+1. Closed the week above Y-0 and midpoint.
Outlook
See-saw actions 4 weeks in a row. Outside reversal week is bullish. As long as 1.28 holds, more upside likely.
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