Lawrence’s Comment
Outlook Falling wedge in the making. Until we see B-0 / Y-1 acting as support, down trend still in force.
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USDCAD May 02 to May 06 Outlook
Lawrence’s Comment
Y-1 retested as expected. Failing to hold the zone gave us 100% expansion of the consolidation range. Closed the week below Y-1 and midpoint.
Outlook
Falling wedge in the making. Until we see B-0 / Y-1 acting as support, down trend still in force.
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