USDCAD Jan 21 to Jan 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidated above Y-1 and drifted higher slowly. Then the pair exploded to the upside, clearing B+1 my breakout level. Almost tagged B+3 target before pulling back. Closed the week near Y+2 and above midpoint.

Outlook
Consolidation above B-0 / Y+1 will be bullish for a retest of B+1.

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