Recap Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
Lawrence's Comment
Recap
Y-0 acted as support and we got the breakout to Y+2. But the rally did not last. Y+1 not even acting as support when news hit and ...
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 20 to Jun 24 Outlook
Lawrence’s Comment
Support zone mentioned last week worked out well. Upside targets tagged. 100% range expansion led to a mild stop run. Closed the week above Y-0 and below midpoint.
Outlook
Brexit not only affects Cable but also all the other majors. No point in predicts which way the markets will react. Time to sit back and enjoy the show.
Share