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Lawrence's Comment
Recap
Dropped lower as expected. Cable tried to bounce from Y-2 but failed to clear Y-1. That opened the door to Y-3 and below. By end of the week Cable ...
USDCAD May 14 to May 18 Outlook
Lawrence’s Comment
Quick zoom to B+2 as expected. Closed the week near midpoint.
Outlook
Short term bottom likely in place.
If B-1 failed to act as support, a flush back down to Y-0 / B-2 is possible.
Focus on long side potential from here til 1.08 is tagged.
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