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USDCAD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
As explained last week, gold will play an important role. As gold rallied last week, this pair went thru wild take down until Y-2 was tagged. Closed the week below Y-0 and above midpoint.
Outlook
Pullback on 4 hours to daily support found buyers. That is bullish. As long as Y-1 / B-0 acting as support, a retest of Y+1 is likely.
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