USDCAD Jul 16 to Jul 20 Outlook

By News Robot

Lawrence’s Comment

Recap
A push towards Y+2 as expected. Failed on 3rd try resulting in a quick slide back down to Y-0. Closed the week near week low.

Outlook
As long as B-0 acting as resistance, there should be more downside. B-2 is likely early next week. The goal could be simply forcing a flush towards par.

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