Recap Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint.
Outlook Down trend on daily broken. Now US dollar has to prove its strength by holding up B-2 / Y-0 zone as support to form a better longer term swing bottom.
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Lawrence's Comment
Recap
Consolidation with pullback to target mentioned last week. No real action until end of week tension increased between US and Russia. Closed the week near Y+1 and B+1.
Outlook
Above B+1 ...
Lawrence's Comment
Recap
As war in Libya and natural disaster in Japan continues, the weaknesses in Aussie is completely reversed. Not even once on 4 hour chart that any kind of ...
USDCAD Jul 21 to Jul 25 Outlook
Lawrence’s Comment
Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint.
Outlook
Down trend on daily broken. Now US dollar has to prove its strength by holding up B-2 / Y-0 zone as support to form a better longer term swing bottom.
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