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Lawrence's Comment
Recap
Bear flag on 4 hours broken to the down side gave us a nice drop to Y-0. Y-0 support led to a run for week high and then breakout ...
USDCAD Feb 23 to Feb 27 Outlook
Lawrence’s Comment
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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