We have been selling this pair since it started showing signals that it will reverse/continue its main trend (down). But this Canadian Dollar
has been losing ground due to the USOil
going down on price, (Canadian dollars dependence on Oil
exports) but for now it seems that the USOil
has find a bottom at $52.00.
Anyway, we are selling MORE, NZDCAD
We sold @ 0.9040 today
Our stop loss is just above 0.9200
We will start taking profits @ 0.8900
This is per sure a money making trade.