Recap This was the easy one last week. No heat was taken positioning for the drop to Y-3 as mentioned last week. Target tagged. Closed the week below Y-2 and midpoint.
Outlook Wide range week points to consolidation and wild swings under B-0. As long as Loonie stays below Y-1 / B-0, a retest of B-1 is likely.
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
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 Jul 15 to Jul 19 Outlook
Lawrence’s Comment
This was the easy one last week. No heat was taken positioning for the drop to Y-3 as mentioned last week. Target tagged. Closed the week below Y-2 and midpoint.
Outlook
Wide range week points to consolidation and wild swings under B-0. As long as Loonie stays below Y-1 / B-0, a retest of B-1 is likely.
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