(repost from my site)
USD/CAD Outlook
Recap
Followed the down channel play and gave us a easy week. Closed the week above Y-1 and below midpoint.
Outlook
Down channels do not last. As long as B-0 acting as resistance the down channel is still in force with potential selloff down to Y-2 / B-2 area.
Once B-0 is cleared and turning into support, we have a good chance of seeing Y+1 and above quickly.
For weekly comments on other majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
Weekly Cycle Projection on USD/JPY 2014-02-24
For weekly comments on forex majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
Weekly Cycle Projection (EURUSD) 2014-03-03
For weekly comments on other majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
Weekly Cycle Projection (GBPUSD) 2014-03-10
For weekly comments on other majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
Weekly Cycle Projection (AUDUSD) 2014-03-17
For weekly comments on other majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
Weekly Cycle Projection (USDCAD) 2014-03-24
For weekly comments on other majors and US stock market indices, you can find them at Weekly Outlook | DaytradingBias.com
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