Johanes
Long

JLS EURCAD Target Zone 1.5000-1.5600-????

FX:EURCAD   Euro / Canadian Dollar
Interesting to follow and widening the target by measuring the ????
Comment: I long EURCAD at 1.5011 with stop loss at 1.4850 to target upper ceiling by taking the risk of overnight rollover charge on the interest rate differential.
Comment: Current trade will be closed at no profit. Trade will be repeated in the future from the upper ceiling to lower ceiling (short trade) to look for two source of profits, from the CAD appreciation by the EUR plus interest rate differential rollover fees.

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