USDCAD: Uptrend should resume here finally

19 août 2016

We have a good opportunity to take USDCAD longs at market price here. Risk a drop to 1.2758 which would nullify this push. Oil is most likely at a top, so I expect this to progress favorably for FX traders.
Risk 0.5%-1%.

Good luck!

Ivan Labrie.

22 août 2016

Note

Good progress, holding.

25 août 2016

Note

You can move the stop to 1.2858 and add to longs.

26 août 2016

Note

Reentered long, stop 1.2921. It should go straight up from here.