There is a lot of support in USDCAD around 1.3250 mark. I have therefore gone long the pair at 1.3255 as I expect this level to hold. Target of 1.33- 1.3320.
Entry @ 1.3255 SL: 1.3230 TP: 1.3320
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Bought another clip at 1.3222
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I think we need to give the loonie some breathing room from time to time and therefore I have moved my stops to 1.32 (not hard stops, but I will start to reduce risk if we are to go below there and stay there for a while) and I will continue to manage it as we go. Sometimes it just needs some space to run, I bought a 3rd clip at 1.3208 to improve my average position.