USDCAD Mar 18 to Mar 22 Outlook

Recap
Breakout to the down side. Tagged B-1 downside target. Not quite pullback. More like price shock due to the way gold moved last week. Closed the week near week low and Y-2.

Outlook
Down trend created from the breakout requires Y-1 / B-0 to act as resistance. As long as the resistance is not breached on daily close basis, we should get at least Y-3, the normal inside week breakout target.