USDCAD Mar 25 to Mar 29 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 acted as resistance at the start of the week but could not hold the price down on the 2nd try. Price zoomed up but stalled at the same distance like week low from Y-1. That staged a consolidation for the rest of the week. Closed the below Y-0 and midpoint.

Outlook
Inside week with gap not filled below. Very rare for this pair. Breakout mode in place with slight favour to the downside.

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