I'll risk less than normal on the USDCAD

Updated
Dear colleagues, due to the continuation of the Iranian revolution against the Islamic regime and the ongoing violence of the oppressors of the ruling government of Iran, the possibility of insecurity in the Middle East region and oil export becoming extremely difficult is not zero. These conditions can increase the price of oil and the Canadian dollar. Of course, these events will have an impact in the long term, but for short-term analysis, it will also have an impact due to the fear of long-term actors.



My first short limit order will be around 1.3666
Trade active
Trade closed: target reached
Unfortunately just one of my orders has been activated! As I mentioned earlier situation in ME is not stable. It seems there might be some conflicts in future!

apnews.com/cff3d00953fb83b3aa7aa4e974b2b96c

I warned around 2 days ago I think we might hear more!
Beyond Technical Analysiscanadiandollarmoving_averageOilpoliticalpoliticssupply_and_demandSupport and ResistanceTrend AnalysisUSDCAD

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