Lawrence's Comment
Recap
Test of Y-0 as expected. Euro held up well there, led to a run above Y+1. Euro could not stay above and stalled back down. Closed the week below ...
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USDCAD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Consolidation around previous week close. Trapped between Y+1 and Y-0. Closed the week near Y-0 and B-1.
Outlook
Still trapped within the same range over the past several weeks. Until break out of this range, there is no trend to lean on.
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