Recap Longer term upside target of 1.40 tagged. Trend buy all week as shorter term players forced to deal with volatility they never experienced in the past few years. Closed the week near Y+2 and above midpoint.
Outlook More upside is in store. FBO againt B+1 will give us a pullback to B-0 / Y+1.
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
Can't be more easy than this last week out of the markets I traded - test of previous week high (Y+1) and failed pointing to a test of ...
Lawrence's Comment
Recap
Break out upside happened but that gave us B+2 only as the news shock was immediately reversed several hours later by flip flop from the euro zone officials. ...
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 21 to Dec 25 Outlook
Lawrence’s Comment
Longer term upside target of 1.40 tagged. Trend buy all week as shorter term players forced to deal with volatility they never experienced in the past few years. Closed the week near Y+2 and above midpoint.
Outlook
More upside is in store. FBO againt B+1 will give us a pullback to B-0 / Y+1.
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