USDCAD Stops are done but 1,30 holds, buying on dips
Hi,
aggressive move to the downside yesterday with move back above 1,30 twds end of the day suggest stops are done and we do have a chance to see some rally...
Weak shorts should add fuel...
Risk: oil prices and yields....
Buying dips towards 1,3020/00
Stop below 1,2960
Target 1 1,3160
Target 2 1,3240
Good Luck
aggressive move to the downside yesterday with move back above 1,30 twds end of the day suggest stops are done and we do have a chance to see some rally...
Weak shorts should add fuel...
Risk: oil prices and yields....
Buying dips towards 1,3020/00
Stop below 1,2960
Target 1 1,3160
Target 2 1,3240
Good Luck
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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.