USDCAD Mar 03 to Mar 07 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected pullback to Y-0 and stuck in a tight range since. Consolidation around Monday range all week. Closed the week above Y-0 and below midpoint.

Outlook
1-2-3 sell on 4 hours points to B-2 and lower. Not necessary a very bearish move just that real buyers have to step in from the support area below B-1 to enable another leg up.

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