USDCAD Mar 24 to Mar 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Easy play of the week. As expected, upside breakout with normal Y+3 target tagged. Stalled from there since. Closed the week above Y+2 and midpoint.

Outlook
Gold did not end well last week which put some pressure on this pair. The strength in USD is likely to persist this week hence support at B-0 points to at least a retest of B+1.

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