Trading Edges That Last
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As Featured In
USDCAD Oct 08 to Oct 12 Outlook
Lawrence’s Comment
Failed to push above bear flag resistance. Bear flag support broken later in the week leading to all out flush down to Y-1. Closed the week below midpoint and Y-0.
Outlook
Multiple week bear flag broken to the downside points to retesting Y-2 and possibly lower. As long as B-0 upto Y+1 acting as resistance zone will not consider long trade.
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