USDCAD Jul 11 to Jul 15 Outlook

Recap
The attempted rally from the beginning of the week met with resistance from the week low zone prior to last week. Yet the selloff failed to break below Y-1 to get to our downside target. Closed the week above Y-1 but below midpoint.

Outlook
First half of last week is a form of bear flag pointing to continuation selloff. As long as B-0 upto B+1 acts as resistance, the next likely zone is B-2.