USDCAD- Look for the retracement and then long
Updated
This pair is consolidating and with the dollar fulfilling a retracement, I am looking for this to drop back into 13050 and then run again as far north as 137.
Trade active
Taking long hedge from 130 long... just started a few minutes ago when it hit support.Trade closed: target reached
If you look at this consolidation range between 13385 and 130 50, it's been holding beautifully and gave me some very profitable cad trades this year. continue to the south on this let and then we will see what the new year brings! Thanks!
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