Lawrence's Comment
Recap
Lower open did not breach the breakout boundary. Yet first try to go higher stalled below Y+1. Successfully defended defended week low leading to upside breakout to Y+2. Closed ...
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Lawrence's Comment
Recap
Dropped below Y-1 and popped back up immediately. That put Y-0 in play and tagged Y-0 quickly. Failure to go higher from Y-0 sent it back down ...
USDCAD Dec 08 to Dec 12 Outlook
Lawrence’s Comment
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 a drop back down below B-1.
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