Hey traders and welcome to this trading idea!
First i want to thank you guys for the support and over 100 follower here on Tradingview!
This trade on USDCAD was such a pleasure. We entered right at the peak high with a maximum drawdown of 5 Pips. Price did retrace from there and broke the last low. After continuing down, yesterdays rate decision pushed the dollar even lower.
Dollar weakness in general was discussed on the latest idea here.
Keeping this in mind, i think USDCAD could go even lower from this point now. Lets keep an eye on this.
Wishing everyone success in the markets and a great weekend!
First i want to thank you guys for the support and over 100 follower here on Tradingview!
This trade on USDCAD was such a pleasure. We entered right at the peak high with a maximum drawdown of 5 Pips. Price did retrace from there and broke the last low. After continuing down, yesterdays rate decision pushed the dollar even lower.
Dollar weakness in general was discussed on the latest idea here.
Keeping this in mind, i think USDCAD could go even lower from this point now. Lets keep an eye on this.
Wishing everyone success in the markets and a great weekend!
