USDCAD; Relentless march toward 1.25 Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 6, 2020 10:18 PM

As hated as the Loonie happens to be, it stands the reason that is the best performer of the majors. It's a relentless march downward, off of that major Double Top.
It is the perfect "anti-dollar" Dollar trade, making all CAD crosses an obvious short. Buy this - and other Loonie crosses - at your own peril.

Trade closed: stop reached

⋅ Sep 8, 2020 8:31 PM

Comment

⋅ Sep 20, 2020 6:05 AM

DXY - Weekly;

Order cancelled

⋅ Oct 18, 2020 5:30 AM

Comments

Nemo_Confidat

⋅ Sep 7, 2020 3:28 AM

The last 8 weeks had been a sell off! It may chill on support around here but this ain't no buy.
It's the weekly that's showing 1.25.

thdehddns

⋅ Sep 6, 2020 10:30 PM

Look at the weekly chart.. and think about it.. if it keep down or not. I think it was sell off last week.