Recap Easy one of the week. Beautiful bull flag / channel break as expected. Went straight for November high. Closed the week above Y+1 and near week high.
Outlook Wide range week with strong close points to more upside in store.
Consolidation at 50% range around B+1 / close likely.
Lawrence's Comment
Recap
Aussie held Y-0 and gave us upside breakout. No FBO implies normal breakout target Y+3 in play. Y+3 tagged later in the week. Closed the week above Y+2 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
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 Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Easy one of the week. Beautiful bull flag / channel break as expected. Went straight for November high. Closed the week above Y+1 and near week high.
Outlook
Wide range week with strong close points to more upside in store.
Consolidation at 50% range around B+1 / close likely.
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