With current bearish outlook on USD especially with Irma hurricane joining the usual geopolitical risks for this currency, and recent bullish sentiment on CAD especially after BOC's rate hike, setting up a sell stop order with TP near 1.15 (S5 pivot line in hourly chart) and SL near base pivot line (hourly chart).
www.nasdaq.com/artic...ber-11-2017-cm843700
www.forexcrunch.com/...trength-post-boc-td/
Daily:
Weekly:
Confidence: A (might rally in the short-run, but fundamentally speaking, this pair is bearish)
www.nasdaq.com/artic...ber-11-2017-cm843700
www.forexcrunch.com/...trength-post-boc-td/
Daily:
Weekly:
Confidence: A (might rally in the short-run, but fundamentally speaking, this pair is bearish)
Order cancelled:
Similar to NZDCAD, sell stop order not hit yet, will setup a new one next week.
