Exercise-Discipline

USDCAD LONG: Back at pre-election levels

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is at pre-election lows.

USD has appreciated against most other major currencies - except CAD.

This needs to be corrected.

There is much uncertainty regarding trade agreements between Canada and USA post-Trump.

There is an increasing yield differential between US and Canadian rates.

USDCAD is an attractive buy at these levels.
Trade active:
In progress. Targets 1.35, 1.40
Comment:
Partially closed 30% profit at 1.35 (spot)
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