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Johanes
Apr 5, 2019 12:08 PM

JLS Trade: Long CADCHF CADJPY & Short USDCAD Long

FX:CADCHF120
Canadian Dollar/Swiss FrancFXCM

Description

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Both carry traders re-carrying CAD by driving CADCHF and CADJPY to their upper bands/ceilings. Their re-carrying trading activity will drive USDCAD to her lower band/ceiling. Long on CADCHF and CADJPY and short on USDCAD are underways.
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