Lawrence's Comment
Recap
Strength in gold helping to push this pair lower. Resistance at 1.08 was not even challenged. Y-1 resistance gave way to Y-2 target. Closed the week below Y-2 and ...
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USDCAD Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Got the FBO against Y+1 mentioned last week. Tagged Y-3 as expected. The easiest play last week. Closed the week near week low and above Y-3.
Outlook
As long as B-0 acting as resistance, more downside is expected.
This week is likely a consolidation week waiting for the Syria crisis to produce an answer first.
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