short trade. Price is going to "Last Kiss" the strong support it should follow down. Fundamentally Oil price should start go higher as OPEC situation looks to get stabilized this should have good influence for CAD price. USD should get weaker due to huge amount of money invested in the market by FED.
It is only a suggestion, your money might be at risk ;)
It is only a suggestion, your money might be at risk ;)
Trade closed: stop reached:
Price bounced in a totally different direction. Most probably CAD became very weak due to oil prices (to be exact - roll forward of the monthly oil contracts and big contango related to it )