EURCAD Short
Updated
Riding the bearish breakout on my fib lines by setting up a short stop order for this pair with TP @1.50 (psychological support) and SL @1.515 (few pips below the 0 fib line), but must monitor closely because of recent bearish sentiment on oil and CAD.
forextv.com/forex-analysis/canadian-dollar-drops-as-oil-prices-fall-on-oversupply-worries/
Daily:
Weekly:
Confidence: B (must close before the CAD trade balance and US NFP news tomorrow).
forextv.com/forex-analysis/canadian-dollar-drops-as-oil-prices-fall-on-oversupply-worries/
Daily:
Weekly:
Confidence: B (must close before the CAD trade balance and US NFP news tomorrow).
Trade closed manually
Manually closed before NFP news; will re-enter later or next week.
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