USDCAD Oct 06 to Oct 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Moved higher to 1.12 as expected. A steep pullback to Y-0 too as if following the script. Y-0 support gave us a run to 100% absolute range expansion. Closed the week above Y+1 and near week high.

Outlook
Upside objective of above 1.12 is reached. Consolidation is likely around 1.12. Reduced to 50% previous week range is likely too.

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