Recap Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
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
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
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
More upside as expected with first 40 points pullback in place too. The distribution signs mentioned last week played out well as Google earning disappointment is obviously something expected. ...
USDCAD Sep 14 to Sep 18 Outlook
Lawrence’s Comment
Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
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