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fredericpelletiercote
Apr 6, 2020 4:02 PM

500 pips target on USDCAD Short

USD/CADOANDA

Description

It's been a couple crazy weeks/months right now with the Covid-19. Are we finally back to normal on USDCAD? If we can break through 1.4000-1.4100 ish, we could enjoy a 500 pips wave to the downside. My personal target is around 1.3600 but with the actual market conditions I'll we very careful and on the lookout for the latest measures taken by the Canadian and American governments as well as those taken by the central banks.

Stay home and stay safe.

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