Kumowizard

EURCAD - Take some cover, care your shorts.

FX:EURCAD   Euro Fx/Canadian Dollar
78 3 3
Original idea is on the link below.

- the major trend is likely to remain bearish
- despite a slightly lower low today, Heikin Ashi quantification shows bearish momentum is decreasing and some pull back is possible to 1,35+ bearish support.

Bank of Canada rate setting meeting due today, so I took some profit, closed 2/3 of my shorts.
ForceFollower
2 years ago
A good decision to take partial profits. I expect some weakening of the CAD following the BoC decision. We'll see.
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Kumowizard PRO ForceFollower
2 years ago
It's ccy war all over the place :-)
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ForceFollower Kumowizard
2 years ago
Yeah, I can see that - they drop a bomb at me now and then.
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