Recap As expected, once 0.98 was breached, there is no real support until we see 0.96 handle. After 100% absolute range expansion, the pair bounced off near Y-3. Closed the week at B-0 near Y-2.
Outlook Until B+1 turns into support, this pair is locked in down trend.
Lawrence's Comment
Recap
Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a ...
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Lawrence's Comment
Recap
Right from the start of the week, the up trend was almost broken by the gap down. Dow magically holding the important swing low I mentioned last week and ...
USDCAD Sep 17 to Sep 21 Outlook
Lawrence’s Comment
As expected, once 0.98 was breached, there is no real support until we see 0.96 handle. After 100% absolute range expansion, the pair bounced off near Y-3. Closed the week at B-0 near Y-2.
Outlook
Until B+1 turns into support, this pair is locked in down trend.
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