USDCAD Jul 15 to Jul 19 Outlook

By News Robot

Lawrence’s Comment

Recap
This was the easy one last week. No heat was taken positioning for the drop to Y-3 as mentioned last week. Target tagged. Closed the week below Y-2 and midpoint.

Outlook
Wide range week points to consolidation and wild swings under B-0. As long as Loonie stays below Y-1 / B-0, a retest of B-1 is likely.

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