Recap Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 and near week high.
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
Consolidation at reduced range as expected. Closed the week below Y+1 and above midpoint.
Outlook
More upside likely after consolidation. FBO against Y+1 / B+1 zone will give us ...
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 Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Just like the other majors, we have consolidation until Friday. Fade out new low for the week provided the fuel needed to clear Y+1. Closed the week above Y+1 and near week high.
Outlook
More upside likely. Support Y+1 / B-0.
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