jhakas
Long

USD/CAD LONG TRADE IDEA 1.3883

FX:USDCAD   U.S. Dollar / Canadian Dollar
104 4 4
USD/CAD LONG TRADE IDEA 1.3883

Stop Loss @ 1.3833

1st Target 1.3939
2nd Target 1.397
3rd Target 1.399
agree, even missed US data will not help CAD, oil going down due to warm weather in US and Saudi budget cuts
Reply
Oil and UCAD are in seasonal trend... and this trend will continue till end of feb. or middle of march.. i expect some retracements and oil towards 32.. ucad can even go higher above 1.40 as well.. for now it has made good support @ 1.3838.. and if it takes out 1.38 then it will jump again from 1.373..
+1 Reply
wwfm jhakas
agree, it will probably touch 1.42 and will move down
Reply
yes... i will take downside moves as retracements till feb or march..
+1 Reply
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