Trading Edges That Last
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USDCAD Jul 09 to Jul 13 Outlook
Lawrence’s Comment
Drifted lowered as expected. Slow holiday activity gave us 50% previous week range. Closed the week above Y-1 and near week high.
Outlook
A test of Y-0 / B+2 is expected.
What will happen after that heavily depends on the reaction at the target price level.
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