USDCAD Apr 13 to Apr 17 Outlook

Recap
Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back up to Y-0 and stalled. Closed the week below Y-0 and above midpoint.

Outlook
Weekly level consolidation will continue until either end of the consolidation range is breached. The way a base is built at Y-1 / B-1 zone so far implies bullish continuation on weekly with B+2 / Y+1 to be tested eventually.