USDCAD has retreated a bit from the marathon highs but there is absolutely no reason yet to support that we may have topped and I am looking for a short term buy entry from here, If you have the proper strategy here is a good place for a buy entry.
Guys please advise me what to do with positions "sell" opened month ago on the level 1,36. I was keeping them open until now and I almost lost my account. Right now I see a chance of retrace however I don't know when to close them - which lbottom evel is max for CAD during 2 next month. I'm aware that I can lost some monay and close them with the lost. Appriciate your support.
My opinion is 1.40 for next to months maybe if you'r lucky 1.39...could be wrong..I'm also looking to deleverage at 1.408.It will reach 1.36 but in six months and with a new high before 1.36 I think maybe as high as 1.50 by mid march