Trading Edges That Last
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As Featured In
USDCAD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
As expected, higher price level was reached. 1.05 was an important price level for the pair before it dropped below 1.0. Without much pullback, 1.05 was tagged at the end of the week.
Outlook
Longer term basis, more upside is expected as long as Y-0 or 1.0 level continue to act as support.
Intraday basis, if B-0 is breached quickly, the pair will likely fall back to B-1 and Y-0.
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