USDCAD Jan 23 to Jan 27 Outlook

By News Robot

Lawrence’s Comment

As oppose to retest Y+1, Loonie did a 1-2-3 sell off Y-0 right from the start of the week. That points to at least a retest of Y-1. 100% absolute range expansion reached and bounced back to midpoint before closing lower.

B-1 retest likely.

Breaking below points to a potential 3rd push down to 1.00 area.


  • You must be logged in to comment. Log in