USDCAD Jul 14 to Jul 18 Outlook

By News Robot

Lawrence’s Comment

Recap
First test of Y+1 stopped the run and gave us a slow drift back down to previous week close. Then an excuse was given and gave us the Y+1 breakout I was looking for. Closed the week above Y+1 and midpoint.

Outlook
Potential reversal in place. As long as B-0 / Y+1 zone acting as support B+2 and above is in play.

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