Back on March 5th I posted this simple setup long in USDCAD. The trade never triggered since it never broke out.
But little has changed for the trade, in fact, it gives us an opportunity to buy it at a better price on the break.
With the dollar in favor due to fear (See chart and comments below) lately, the trade looks solid.
But little has changed for the trade, in fact, it gives us an opportunity to buy it at a better price on the break.
With the dollar in favor due to fear (See chart and comments below) lately, the trade looks solid.
Comment:
Waiting for USDCAD breakout
Real Macro Economic Investing
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