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
The spike high was made at Y+2 and Y+1 did not show any signs of support. That implies the other extreme is in play according to STOPD ...
Lawrence's Comment
Recap
The rare scenario unfolded with a w. spring at Y-1. That rejection of the previous week low points to a retest of its high. The test arrived at ...
USDCAD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Trapped inside Y-1 to Y+1. The spike and ledge formation is intact. Closed the week below midpoint and is an inside week.
Outlook
Breakout formation in place. The breakout direction will last for at least a week and will be the preferred swing trading setup.
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