Looking like a good short up here as Canada misses job expectations. Watch out for Crude going higher USDCAD usually like to fall when oil is heading up. Still Oil is up 3 days in a row which could favor the bears with a reversal.
Personally trading this both ways. No position open yet.
As always trade safe & short at the upper channel not the lower. Use stops & manage risk.
Personally trading this both ways. No position open yet.
As always trade safe & short at the upper channel not the lower. Use stops & manage risk.
Trade closed manually:
Taking profits, hitting at buy area, still trading both ways until a clear direction is chosen.