Recap Made a deep pullback but finally reacted similarly like Aussie. Completed the week by tagging the target Y+1.
Outlook As long as B-0 acts as support, B+2 is next target. A longer term bottom is potentially made last 2 weeks. Confirmation pattern not in place yet.
Lawrence's Comment
Recap
The week one for the week again. Pulled back to right below Y-0 and then collapsed down to almost Y-2. Closed the week near week low and below Y-1.
Outlook
As ...
Lawrence's Comment
Recap
No strength to push above Y+1, lower prints happened. Pretty much as expected. The more interesting part is that gold has broken its daily down trend by the end ...
Lawrence's Comment
Recap
News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the ...
USDCAD May 16 to May 20 Outlook
Made a deep pullback but finally reacted similarly like Aussie. Completed the week by tagging the target Y+1.
Outlook
As long as B-0 acts as support, B+2 is next target.
A longer term bottom is potentially made last 2 weeks. Confirmation pattern not in place yet.
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