forextraplaces

USD/CAD still selling off

Short
forextraplaces Mis à jour   
FX:USDCAD   Dollar Américain / Dollar Canadien
Earlier I posted a USD/CAD SHORT trade which was unforunately blocked because of a TV house violation I was unaware off bit one that I fully understand.

I had an initial target for this trade at 1.3492 which we have reached.

There's no sign that this pair have finished selling off following the major Retail Sales shock out of the US.

Core Retail Sales were expected in at +0.2% but missed by an astonishing 8 points to come in at -0.6%.

This has seriously impacted all USD pairs and as I'm in this USD/CAD SHORT I see no reason to close the position just yet.

My next target is 1.3470.
Trade fermée: cible de profit atteinte:
16/2/24 08:41 Price is at support so I've exited

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