USDCAD Aug 10 to Aug 14 Outlook

By News Robot

Lawrence’s Comment

Recap
More upside as expected. Y+2 / 1.32 breached and we got jawboning as expected as well. So predictable. Closed the week above Y+1 and near midpoint.

Outlook
Canadian dollar and Aussie both as affected by the flushing process in gold. Until gold settledown a bit, more upside is expected for this pair.

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