Lawrence’s Comment
Recap As mentioned last week, got our violent retest of Y-0 and flushed to the downside targets. Closed the week near week low and below Y-2.
Outlook
Consolidation with more downside.
If B-0 is cleared in 1 strong move and that it turns into support, we get a zoom back up to Y+1.
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USDCAD Jun 10 to Jun 14 Outlook
Lawrence’s Comment
As mentioned last week, got our violent retest of Y-0 and flushed to the downside targets. Closed the week near week low and below Y-2.
Outlook
Consolidation with more downside.
If B-0 is cleared in 1 strong move and that it turns into support, we get a zoom back up to Y+1.
Share