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As Featured In
USDCAD Dec 15 to Dec 19 Outlook
Lawrence’s Comment
Normal scenario unfolder. Y-0 acted as support with Y+1 not acting as resistance. Paved way to Y+2 and materialized later in the week. Closed the week above Y+2 and near week high.
Outlook
Up channel in place making it hard to go much higher until some form of pullback happens. FBO against B+1 will send this back down to below B-0 easily.
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