USDCAD Stops are done but 1,30 holds, buying on dips Long

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Nov 10, 2020 11:24 AM

Hi,

aggressive move to the downside yesterday with move back above 1,30 twds end of the day suggest stops are done and we do have a chance to see some rally...
Weak shorts should add fuel...

Risk: oil prices and yields....

Buying dips towards 1,3020/00

Stop below 1,2960

Target 1 1,3160

Target 2 1,3240

Good Luck