USDCAD Jul 21 to Jul 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint.

Outlook
Down trend on daily broken. Now US dollar has to prove its strength by holding up B-2 / Y-0 zone as support to form a better longer term swing bottom.

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