Lawrence's Comment
Recap
Gapped higher near Y+1 to start the week. After failing to clear Y+1 gave us a drop back down to Y-0 and filled the open gap in 1 go. ...
Lawrence's Comment
Recap
Held Y-0 and pushed higher for upside breakout and failed. That lead to a clear break of Y-1 and turning Y-0 into resistance. Closed the week at 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 Apr 23 to Apr 27 Outlook
Lawrence’s Comment
Sold off as expected to our downside target from resistance zone. Closed the week below Y-1 and midpoint.
Outlook
Y-0 down to B-0 is now resistance zone.
Failure to take out B-0 is likely and a retest of B-1 will tell us if support is found or a flush to B-2 is needed.
Share