USDCAD Sep 22 to Sep 26 Outlook

By News Robot

Lawrence’s Comment

Recap
1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged 1.09 near Y-1 and bounced. Closed the week below Y-0 and midpoint.

Outlook
Up trend broken on 4 hour. Back to no trend on daily. Sideway actions likely. Should gold fails to hold 1200 level, we can easily see a pop here back up to B+1.

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