Short (EUR/CAD). Looking for more downside
Technically speaking
Found resistance at 1.44
My first target on the downside is 1.41.
I am holding a long EUR/JPY position and have around 200 pips locked in.
So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason.
If you like newsletters, trade ideas, and good investing stories, sign up below for my newsletter(it's free) because I am looking for feedback and yours would be greatly appreciated.
Have a good day.
Found resistance at 1.44
My first target on the downside is 1.41.
I am holding a long EUR/JPY position and have around 200 pips locked in.
So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason.
If you like newsletters, trade ideas, and good investing stories, sign up below for my newsletter(it's free) because I am looking for feedback and yours would be greatly appreciated.
Have a good day.
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