USDCAD Feb 11 to Feb 15 Outlook

By News Robot

Lawrence’s Comment

Recap
Multiple pushes to the downside failed to push the price lower. After a FBO against week low printed earlier in the week, a rally was resulted. Closed the week at week high and near Y-0.

Outlook
US dollar definitely gaining ground against Loonie. As long as B-0 is acting as support, retest of Y+1 very likely.

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