Nice carry i hope you are in I will be looking for reentry
USD is at resistance perhaps price will at least pullback.
If USD will continue to straighten oil could decline Stops have to go above high tp at 66 and 65
BOJ today If you are a conservative trader wait for BOJ and then enter on retracement
I got in long position from wP on retest if we get a pullback to pink trendline i will add another long . Stops have to go below 151.400.
On the other hand if Draghi is unable to talk down EUR this pair could continue heading up 133.00 is a obvious support however don't be surprised if we retest lower to Mr1
If Draghi will be successful at talking down EUR this could be a nice pair to trade HIGH CARRY I'm in at 5.02 with sl at 5.04
Price is at resistance pink is important trendline also price is close to 152.00
Stop below 150.600 looking for price to retrace to wP. Counter trend trade therefore it's risky!
Support becomes resistance Friday BOJ is releasing inflation data recently it was trending up on the other hand GBP data released yesterday were mediocre. Unfortunately stops have to go above 153.900 therefore reduce size of position.
If you want to play pure CAD weakness this could be a nice pair both currencies are commodity based. Stops have to go below 0.91900
Support becomes resistance Stops have to go above 85.450 first target is at 84.550 second target 84.00 third target is 83.00
resistance becomes support Stops have to go below 82.700
Resistance becomes support Stops have to go below 132.400 or you can use 132.550
resistance becomes support My buy area is 152.800 or lower at 152.00 Stops have to go below 150.800