I'm going contrarian here. USD reports didn't hit targets. It's too early to go long after the recent strength in CAD. It also looks like it's failing to make higher highs.
I believe one last correction is in store before we can reconsider a long position here.
I believe one last correction is in store before we can reconsider a long position here.
Note
increased stop loss to 125.2Note
the high of the day was 125.2. I got stopped out at the high.Trade closed: stop reached
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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.