USDCAD: Bottom of the pullback likely here

We can resume long positions in $USDCAD and abandon shorts. It was a good run so far, both sides worked.
Risk is a new low, but don't set a stop. Buy gradually this week, 0.02 per 10k in the account, each day.

Good luck,

Ivan Labrie.

Kommentera:

This is a safe spot to buy, or add if you've been buying it gradually with a wide 300+ pip stop.

You can use a tight stop at 1.3177 now.