USDCAD catching a bid for the London open...
Firstly, well done to all of those tracking the FED flow into USD... I know a few in the telegram who made their slice of the pie on this one.
Firing a bullet here in USDCAD in what is a very technical environment as markets continue to digest the December hikes.
=> It's going to be a quick and sharp leg to the upside with a quick test of the previous 50 fib level for reference.
=> NAFTA remains in the picture and we are set for more headlines coming to our theatres as mid-term elections enter into play.
=> Expecting in the broader view this pair will remain in chop until October hikes in BoC so taking advantage of the highs and lows in that range.
We have some major updates coming to our macro portfolio this weekend as we approach the quarterly close.
Good luck all trading and tracking this one live
Firing a bullet here in USDCAD in what is a very technical environment as markets continue to digest the December hikes.
=> It's going to be a quick and sharp leg to the upside with a quick test of the previous 50 fib level for reference.
=> NAFTA remains in the picture and we are set for more headlines coming to our theatres as mid-term elections enter into play.
=> Expecting in the broader view this pair will remain in chop until October hikes in BoC so taking advantage of the highs and lows in that range.
We have some major updates coming to our macro portfolio this weekend as we approach the quarterly close.
Good luck all trading and tracking this one live
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failed to get an entry here by a few ticks... if we can hold these lows we are still in for a chance otherwise it will be closed for a scratched trade
