USDCAD Jul 20 to Jul 24 Outlook

By News Robot

Lawrence’s Comment

Recap
Test of Y+1 led to breakout to the upside. Breakout target Y+3 was tagged by the end of the week. Closed the week above Y+2 and near week high.

Outlook
Stop run actions were seen. B-0 / Y+1 support until proven otherwise. A pullback to support can happen but not necessary. Consolidation week around previous week close is expected.

Share

  • You must be logged in to comment. Log in