Nice formation here for a long USDCAD position. We like being long here from the current level of 1.3415 and looking to exit at the 1.3453 level.
Trade active:
Unexpected drop here... Adding to our long position and still targeting 1.3453 level. It's likely that price action moves higher than our target level.
Comment:
After the somewhat surprise move lower, price action moved higher to our target level at 1.3453 to close out our trade.
Trade closed: target reached