USDCAD Apr 25 to Apr 29 Outlook

By News Robot

Lawrence’s Comment

Shock sent the pair to trade above Y+1 but failed to hold above that. Y+1 turned into resistance and signal a test of Y-1 in play. Selloff stopped at 200% absolute expansion and bounced back to close at Y-1.

As long as Y-1 to B-0 acts as resistance, B-1 will be retested.


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