USDCAD Jul 18 to Jul 22 Outlook

By News Robot

Lawrence’s Comment

Recap
FBO against Y+1 gave us a drop back down to Y-0 and then lower. 100% range expansion stopped the down move. Closed the week near Y-0 and midpoint.

Outlook
Same problem like past several weeks that Loonie is still range bounded. Until we get a move outside of this range, there is no directional play.

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