1] Sustained break below & I m out of relationship with his beast. 2] Also if CAD fails to takeoff next week against USD & EUR than again I m out of this trade.
No target as of now but will exit in profit whenever I exit USDCAD & EURCAD .
Please share your thoughts too.
"Goldman, Oil could plunge to $20 in doomsday scenario, Goldman says." Fear mongering. Why would you not be long here after the last year. Particularly the last 4 months.
I wouldn't be surprised if Crude kisses 58 within 2 weeks and 70 by December.