USDCAD Nov 26 to Nov 30 Outlook

By News Robot

Lawrence’s Comment

Recap
FBO confirmed and sold off to B-2 as expected. By end of week a stop run carried the pair down to Y-3. Closed the week below Y-2 and near week low.

Outlook
Similar to other majors, the extra spike we got on Friday is definitely not normal. A retest of B-0 is in order.

Middle East tension could be the trigger for all out USD rally against the majors.

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