USDCAD Feb 03 to Feb 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 acted as support, gave us a go for more upside. Tried hard to push through Y+1 but ended up with 3 pushes pattern in place and snapped it back down. Closed the week below Y+1 and near midpoint.

Outlook
3 pushes up downside target still not tagged yet. As long as Y+1 can cap the upside push, should see B-1 and lower price levels.

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