Canadian dollars rushing into USA and flowing into assets. Flow won't abate anytime soon.
This is a humble opinion, not investment advice, I AM LONG since last Friday afternoon. All stops down at 1.43 in the obvious places, if Asia sweeps them the market will find support in deep liquidity at the bid (real end-user demand). If we do stop sweep, market will make pin bar off 1.4250ish.
This is a humble opinion, not investment advice, I AM LONG since last Friday afternoon. All stops down at 1.43 in the obvious places, if Asia sweeps them the market will find support in deep liquidity at the bid (real end-user demand). If we do stop sweep, market will make pin bar off 1.4250ish.
Comment:
Still long as we drift
Weak bulls got knocked out as stops were swept at 1.435, no cascade seen (strong support) and needed pin indeed materialized
Stops now building at 1.4325
If we're going to make the final push to 1.5, all the shorts will unwind and market will surge upward, stops pooling at 1.4575 as sellers sweat.
Weak bulls got knocked out as stops were swept at 1.435, no cascade seen (strong support) and needed pin indeed materialized
Stops now building at 1.4325
If we're going to make the final push to 1.5, all the shorts will unwind and market will surge upward, stops pooling at 1.4575 as sellers sweat.
Order cancelled
Pin off 1.4350