USDCAD Sep 29 to Oct 03 Outlook

Recap
Gold trashed so our bullish scenario played out. Got Y+1 in 1 go. End of week final squeeze pushed price even higher after 100% absolute range was reached. Closed the week above Y+1 and near week high.

Outlook
Breakout play not completed yet. 1.12 is the well-known parking spot for Loonie when it is weak. As long as Y+1 acting as support we should see that before Loonie will make a decision. 1.12 resistance points to steep pullback to B-0.