Lawrence's Comment
Recap
Y+1 resistance sent Aussie lower back down to Y-0. Y-0 support pushed Aussie back up above Y+1. Previous week close turning into support gave aussie one more push higher. ...
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 Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Down side expectation worked out beautifully. Down side targets tagged before a bounce was possible. Closed the week below Y-1 and midpoint.
Outlook
Y-1 / B-0 now strong resistance until proven otherwise. Retest of B-1 in play as long as resistance zone holding this down.
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