Recap Tested one side of the tight range (bottom) and failed to go lower. Then tagged the other side of the tight range (top) and failed to go higher. Closed at Y+2.
Outlook Still stuck within the multiple week tight range. No real direction until it moves away from this area.
Lawrence's Comment
Recap
Down channel turned into a wedge. Then breakout happened conveniently at the right time sending this back up to my target above. 200% absolute range expansion stopped the run. ...
Lawrence's Comment
Recap
Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high.
Outlook
This reversal is expected and ...
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Lawrence's Comment
Recap
Ninja chose to go lower at the beginning of the week and it dropped straight down to prior support and bounced. Breaking about the resistance down trend line on ...
USDCAD Mar 26 to Mar 30 Outlook
Lawrence’s Comment
Tested one side of the tight range (bottom) and failed to go lower. Then tagged the other side of the tight range (top) and failed to go higher. Closed at Y+2.
Outlook
Still stuck within the multiple week tight range. No real direction until it moves away from this area.
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