USDCAD Feb 16 to Feb 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation as expected. Trapped in equal distance around Y-0. Closed the week below Y-0 and near week low.

Outlook
Consolidation / pullback mode can last for weeks. Downside drift to B-2 is in play as long as Y-0 / B-0 is acting as resistance.

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