USD/CAD Weekly Outlook 10/2/2020 to 14/2/2020
2020-02-09 12:10:48
Daily - B/O from weekly trendline but reject 1.33200 strong RBS zone.The daily closure on Monday,could give us 3 possible move : 1. Strong bullish candle closure on Monday close above 1.33200 area,indicating strong bullish move for long term (inline with my weekly forecast); 2. Price could retrace lower to the trendline back and move back upward; 3. Price could retrace back to the trendline and B/O that trendline as support
for the lower downside move of this pair (invalidate my bullish weekly forecast of this pair)
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