USDCAD Mar 21 to Mar 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Early attempt to move higher blocked at the resistance zone leading to freefall back down to Y-1 and tagged the normal Y-2 continuation target. Closed the week below Y-2 and midpoint.

Outlook
Surprise move points to a test of Y-1 / B-0 likely. Clearing that points to potential spike low on weekly in the making.

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