Lawrence's Comment
Recap
Euro going lower to Y-2 as expected. Failed to clear the gap above gave us the Y-3 target below. Normal range expansion reached. Closed the week below Y-2 and ...
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Lawrence's Comment
Recap
Pushed higher early in the week but capped by holiday trading and news shock. Consolidation around Y+1 with 50% previous week range. Closed the week below Y+1 ...
USDCAD Aug 25 to Aug 29 Outlook
Lawrence’s Comment
Easy play of the week. Y-0 cleared, back to target swing high. Pull back to midpoint since. Closed the week above Y-0 and midpoint.
Outlook
No strong directional bias at this point. B-0 holds we get a run to B+1 and likely B+2. B-0 fails to hold this up we get Y-1 again.
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