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
Y-0 acted as resistance, gave us a good run down to Y-2 target mentioned last week. Found support there and bounced back up. Closed the week below Y-1 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 31 to Jan 04 Outlook
Lawrence’s Comment
As expected we got a pullback and support was found above Y-0. Gave us a push to above Y+1. Closed the week above Y+1 and near week high.
Outlook
1.0 par level is a strong magnet. It is likely we will get there quickly.
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