Lawrence's Comment
Recap
Bullish bias worked out. Y-0 support gave us a test of Y+1. Closed the week near Y+1 and week high.
Outlook
Upside breakout points to B+2 and B+3. FBO ...
Recap
Consolidation within 50% of previous week range. No serious attempt to break out of the range at all. Closed the week at midpoint of the week and also near ...
Lawrence's Comment
Recap
Slow drift back down near Y-0 as expected. Then took off and tagged Y+1. Pushing higher since. Closed the week above Y+1 and midpoint.
Outlook
I was looking for Y+2 by ...
USDCAD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
As expected stuck within the tight week established over the past several weeks. Closed the week near midpoint.
Outlook
If B-0 acts as support and push for a breakout of B+1, we have a short term uptrend in place.
Otherwise not expecting any significant move from the pair.
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