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theforexportal
Nov 9, 2016 10:29 AM

SELL USD/CAD at market 1.3414 Short

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD was drifting lower throughout the night then got a huge boost when it began to look like Donald Trump had a chance of winning the Presidential Election.

Since then we've seen USD/CAD decline from the high at 1.3525, pullback and decline further.

We believe this decline may accelerate so we are SHORT this market from 1.3420.

Our STOP is at 1.3446 for a 26 pip risk.

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