Lawrence's Comment
Recap
Resistance zone worked out giving us a flush to below Y-1 in one slow drop. Y-1 turned into resistance and closed the week at week low.
Outlook
Y-2 is ...
Lawrence's Comment
Recap
Hope for continuation selloff in July is almost always squashed. Y+1 breached right at the start of the week. Consolidated around Y+1 since. Found support late in the week ...
Lawrence's Comment
Recap
Failed to hold up at the top support area and fell off the cliff like Dow. Closed the week tagging Y-1.
Outlook
Outside down week and closed almost at the ...
USDCAD May 14 to May 18 Outlook
Lawrence’s Comment
Quick zoom to B+2 as expected. Closed the week near midpoint.
Outlook
Short term bottom likely in place.
If B-1 failed to act as support, a flush back down to Y-0 / B-2 is possible.
Focus on long side potential from here til 1.08 is tagged.
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