Trading Edges That Last
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USDCAD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
Held close from the week before and run higher until 50% range reached. Consolidation / sideway actions all the way. Closed the week above Y+1 and below midpoint.
Outlook
Holiday trading for last 2 weeks of this year. Usually we do not see major swings during this time. In the rare situation that it happens, chart pattern suggests that a breakout above B+1 will send this to B+3.
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