Trading Edges That Last
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USDCAD Sep 07 to Sep 11 Outlook
Lawrence’s Comment
Consolidation above former weekly resistance level. 100% absolute range bounded the moves. Closed the week above Y-0 and midpoint.
Outlook
Weekly level bull flag is now in place. A test of B+1 and above is in order which in turn can lead to continuation move to B+2.
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