USDCAD long trade idea

Buy long USDCAD trade idea.

Price retraced to a discount level in today's price delivery.

As reminder, Cad has been the strongest currency so be coucious, we wanna to see clear expansion to the upside in NY session in correlation with DXY.

If DXY rallies & USDCAD should go to the level in this trade idea indicated in today's price delivery up to around 10am NY time.

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Komentarz:

The 1.24583 failed. I would cancel this demo trade idea, even if makes a up move.

Very low probability as I mentioned before, CAD is the strongest of all currencies. So far showed williness to take the clean sell stops below the 1.24500.

EURUSD & GBPUSD are the better sells.

Good trading.

Anulowano zlecenie:

CAD is by fr the strongest currency and that was clearly shown today again.

Focus on EURUSD & GBPUSD.

Good trading.