Trading Edges That Last
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As Featured In
USDCAD Jun 02 to Jun 06 Outlook
Lawrence’s Comment
Resistance zone mentioned last week capped the upside. Downside target tagged late in the week and bounced. Closed the week below Y-1 and midpoint.
Outlook
Confirmed weaknesses means a strong breakout above B-0 and that it turns into support is necessary for USD to gain strength against Loonie. Upside target from the setup points to at least B+2.
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