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USDCAD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
Sold off as expected to our downside target from resistance zone. Closed the week below Y-1 and midpoint.
Outlook
Y-0 down to B-0 is now resistance zone.
Failure to take out B-0 is likely and a retest of B-1 will tell us if support is found or a flush to B-2 is needed.
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