USDCAD Jun 08 to Jun 12 Outlook

By News Robot


Lawrence’s Comment

Recap
As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint.

Outlook
Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.

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