USDCAD Feb 23 to Feb 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Drifted lower as expected. Found support at previous spike low and bounced back up to Y-0. Closed the week below Y-0 and above midpoint.

Outlook
The consolidation is likely not over yet. Confirmed break above B+1 will point to retest of the recent multi-year high.

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