USDCAD May 25 to May 29 Outlook

By News Robot

Lawrence’s Comment

Recap
Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above Y+2 and near week high.

Outlook
More upside is expected. Consolidation will keep price holding around B+1.

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