USDCAD Nov 03 to Nov 07 Outlook

Recap
Down side push resulted in a clean break out down to Y-2 target. Immediately price snap back above Y-1 and staged a run to Y+1 from the FBO against Y-1. Closed the week above Y-0 and midpoint.

Outlook
Sellers discovered above Y+1. It implies as long as B-0 holds, a run back up (can be a slow one) to retest Y+1 is likely.