USDCAD Sep 10 to Sep 14 Outlook

By News Robot

Lawrence’s Comment

Recap
Loonie continue to strengthen last week. Y+1 was not challenged at all. After breaking below Y-1, a flush to Y-3 materialized. Closed the week near week low and below Y-2.

Outlook
As long as B-0 / Y-1 acting as resistance, more downside is expected.

As mentioned last week, 0.96 area is of great interest if we get a flush.

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