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
Lawrence's Comment
Recap
78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high.
Outlook
As long as B-0 acts as support, B+2 should ...
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 Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Y-1 never touched resulting in a 1-2-3 buy on 4 hour to go higher. Y+2 tagged before rsistance is found. Closed the week below midpoint and Y+1.
Outlook
Potential weekly FBO. Need Monday to confirm with a close below Y+1 on daily basis. If that happens, a selloff back down to Y-1 is expected.
Share