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
Lawrence's Comment
Recap
FBO against B+1 gave as sell off down to 100% absolutely range expansion. Buying discovered there produced a short squeeze straight back up to Y+1 and above. Tagged Y+2 ...
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
I was looking for a pullback to B-0 early in the week. That worked out as expected. Then a bounce back up to at least a retest ...
USDCAD Jul 09 to Jul 13 Outlook
Lawrence’s Comment
Drifted lowered as expected. Slow holiday activity gave us 50% previous week range. Closed the week above Y-1 and near week high.
Outlook
A test of Y-0 / B+2 is expected.
What will happen after that heavily depends on the reaction at the target price level.
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