USDCAD Mar 17 to Mar 21 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint.

Outlook
Volatility should pick up later tonight depending on reactions to the Crimea vote.

Chart patterns suggest upside breakout likely as long as B-1 / Y-0 acting as support.

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