USDCAD Dec 22 to Dec 26 Outlook

By News Robot

Lawrence’s Comment

Recap
Held close from the week before and run higher until 50% range reached. Consolidation / sideway actions all the way. Closed the week above Y+1 and below midpoint.

Outlook
Holiday trading for last 2 weeks of this year. Usually we do not see major swings during this time. In the rare situation that it happens, chart pattern suggests that a breakout above B+1 will send this to B+3.

Share

  • You must be logged in to comment. Log in