Recap Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week high.
Outlook Strong support below Y-1 / B-0 until proven otherwise. More upside in store for coming weeks.
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
Euro consolidated around Y-1 instead of finding support there. The inability to have at least one clean 1-2-3 off Y-1 was the clue. Closed the week below Y-1 and ...
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
USDCAD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week high.
Outlook
Strong support below Y-1 / B-0 until proven otherwise. More upside in store for coming weeks.
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