Recap Target mentioned last week tagged first and then bounced off. Second drop broken Y-1 support level and the downside target Y-2 tagged by the end of the week.
Outlook Three pushes towards support level implies the current down leg is over. As long as B-1 acts as support, B+1 will like be tagged.
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
ES dropped ti Y-0, found support, zoomed back up to test the pre-break down level and failed to clear Y+1. This gave us a go for Y-1. Got Y-1 ...
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 Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Target mentioned last week tagged first and then bounced off. Second drop broken Y-1 support level and the downside target Y-2 tagged by the end of the week.
Outlook
Three pushes towards support level implies the current down leg is over. As long as B-1 acts as support, B+1 will like be tagged.
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