USDCAD Feb 15 to Feb 19 Outlook

By News Robot

Lawrence’s Comment

Recap
Sideway actions as expected. 50% range all week. Closed the week below Y-0 and midpoint.

Outlook
Compression gives us breakout mode. Potential slingshot move with Y-1 being retested first and if that holds, leading to a run back up to Y+1.

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