Lawrence's Comment
Recap
Bearish scenario unfolded and almost tagged our B-2 target. The end of week news shock from euro zone forced a reversal on Friday. Closed the week at ...
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 Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Last week of the year consolidation actions in tight range. Closed the week near Y-1 and week low.
Outlook
Can develop into 4 hour down channel with B-2 down to B-3 in play. Not necessary bearish as this is just weekly bull flag in the making.
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