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
The no bias setup became a breakout play this past week. Cable was trapped at the upper zone mentioned last week. Then the announcement came, cable flushed down to ...
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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