Risk is still certainly to the upside on USDCAD despite the 60 pip intraday retracement earlier today.
Trade active
Live trade from 1.35778Note
Still holding...Note
Trump agrees not to withdraw from NAFTA, a question that was officially raised just yesterday. Still a lot of uncertainty between US & CAD though. I will be holding onto this position for the time being.Note
Still holding...Trump just tweeted, "I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate. I agreed subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good-deal very possible!"
Risk of NAFTA termination is still somewhat apparent for the time being.
Note
Still holdingTrade closed: target reached
Closing out here around 1.375... thank you for the 170+ pips silly sellersDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.