USDCAD - SHORT IDEA - HIGH RISK
USD CAD - Short Opportunity
BoC Interest rate looming in a few hours - Expected to raise rates, which can push the CAD up against the dollar, which will resume the stellar run it has had in the last few weeks.
Stop Loss - Just around 1.26 - 1.27
Note to self: DO NOT HAVE TIGHT STOP ON THIS ONE - YOU MAY GET WHIPSAWED
BoC Interest rate looming in a few hours - Expected to raise rates, which can push the CAD up against the dollar, which will resume the stellar run it has had in the last few weeks.
Stop Loss - Just around 1.26 - 1.27
Note to self: DO NOT HAVE TIGHT STOP ON THIS ONE - YOU MAY GET WHIPSAWED
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.