Trading Edges That Last
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As Featured In
USDCAD Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Easy play of the week. The pair simply rejected resistance and dropped to target. Closed the week below Y-1 and midpoint.
Outlook
Pullback in progress. Strong support between B-1 down to B-2 on weekly and higher timeframes. 1.08 is the magic support / resistance for years in the past. Once B-0 is cleared retest of Y+1 likely.
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