Testing USDCAD for a Potential Drop
Updated
Current coronavirus-related tensions between Canada and the united states. Matched er up with a support level that as justified in the short- term (the past 14 day). Shout out victor, he can see the money that will come out of this.
Sell order: Expecting a drop!
Coronavirus is an unexpected twist on the market, so this is more of a news/situational trade. Also, past trends aren't holding up- big jumps in early March result in an interesting scenario!!
Planning to end this trade by tomorrow morning.
Sell order: Expecting a drop!
Coronavirus is an unexpected twist on the market, so this is more of a news/situational trade. Also, past trends aren't holding up- big jumps in early March result in an interesting scenario!!
Planning to end this trade by tomorrow morning.
Note
UPDATE: I ended this trade around 10 AM EST (the morning that I said I would). Was a good trade. I manually executed the trade's closure as it was just around the stop loss. A good trade!!
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