USDCAD Jun 23 to Jun 27 Outlook

Recap
Spike low against Y-1 gave us Y-0 as expected. Y-0 resistance forced a drop back down to Y-1. As gold zoomed higher late in the week, it gave fuel to the pair for full breakout down to Y-3. Closed the week below Y-2 and near week low.

Outlook
1.08 is historically important price level. Jumping through it due to stop run implies a retest will have to happen in the near future. Short side not in control until proven otherwise. The test of 1.08 / B-0 will clue us in.