Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint.
Outlook Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.
Lawrence's Comment
Recap
Tagged target right at the start of the week and bounced. That opened the door to Y-2 as it failed to pop above the resistance area stated ...
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
Less likely scenario occurred in beginning of the week. Downside target Y-2 tagged. Bounced right off target. Y-1 failed to hold it down. By end of the ...
USDCAD Jun 08 to Jun 12 Outlook
Lawrence’s Comment
As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint.
Outlook
Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.
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