Trading Edges That Last
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USDCAD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
The pair was doing a standard consolidation below Y+2 and above Y-0 after a strong week. Closed the week at Y+1.
Outlook
The consolidation points to a retest of B+1 likely. That also means B-1 down to Y-0 should act as support this coming week.
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