September Canadian dollar:
1. In our previous (Monday, July 14) Williams edge live meeting it was noted that the September Canadian dollar (then trading at approximately $103.00) would continue to decline and test $92.75 into Tuesday, July 15 (+/-1 day).
2. Today’s September Canadian dollar completed the $92.75 downside target (today’s session low, $92.71, so far).
3. Today’s $92.75 downside completion represents the final downside target for self-directed traders who took advantage of the above.
David Williams