USDCAD Oct 10 to Oct 14 Outlook

Recap
Double news shock. First one sending the pair higher but it failed to stay above Y+1. Second one dropping the pair below Y-0 yet failed to keep it below Y-0 and closed the week above Y-0 near B-0.

Outlook
The 2 rejection moves is telling us that Loonie is sitting at a zone it is comfortable in.

Consolidation around B-0 is expected until the boundary Y-1 or B+1 is violated.