USDCAD Trade Call

Short entry: 1.32717-1.32944
Stop loss: 1.33098-1.33326
Take Profit:1.32077- 1.31303
Expected Call Duration: 1-3 Days
Risk Level: Medium
Call strength: Strong

For the take profit targets, you will be better off taking profit at the edges of the 110 1.25 stdev and the 110 mean. For the stop loss, do note that the slope of the top edge of the band is upwards, so be aware that retests of that pivot are completely healthy even if that value is continuously getting higher.

Comment:

This trade is STILL ACTIVE. We are still in the defined mean reversion pivots