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USDCAD Jul 07 to Jul 11 Outlook
Lawrence’s Comment
Holiday activity kept Loonie going sideway. Consolidation around Y-1 until the end of the week. Closed the week at Y-1 and near midpoint.
Outlook
No information from the past week due to holiday. Coming week will be important in setting the tone for this 3rd quarter. If B+1 is breached by a strong move, it will be confirmation that a reversal is in place on weekly.
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