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USDCAD
Member Since Oct 02, 2014
905 posts
Oct 26, 2017 at 11:49
Member Since Feb 17, 2017
33 posts
good morning to all (eastern time.. )
what a nice move yesterday, I hope you all profited from it. today, I have a question for you people who trade USDCAD.. do you take break-outs ? if so, do you adjust the size of your position when you do and what kind of risk (% wise ) are you willing to take ?
thank you for sharing !
as for today... I would not be surprised to see UCAD retrace to 1.2735-55 level.. and be ready for another move up tomorrow when news come out.
again, thank you for all your input, it is always appreciated !
Nico
what a nice move yesterday, I hope you all profited from it. today, I have a question for you people who trade USDCAD.. do you take break-outs ? if so, do you adjust the size of your position when you do and what kind of risk (% wise ) are you willing to take ?
thank you for sharing !
as for today... I would not be surprised to see UCAD retrace to 1.2735-55 level.. and be ready for another move up tomorrow when news come out.
again, thank you for all your input, it is always appreciated !
Nico
patience & discipline lead to wisdom ... & profits ! ;)
Member Since Sep 13, 2017
11 posts
Member Since Oct 11, 2013
769 posts
Oct 30, 2017 at 18:56
Member Since Oct 11, 2013
769 posts
The USDCAD is consolidating around the 200 day EMA on the 1.2819 level after the strong rally that it had last week. From the current level, the pair may go in any direction, but if it continues higher, it may reach the 1.3000 level. To the downside, the 1.2563 level is its most relevant support zone.
Member Since Oct 02, 2014
905 posts
Member Since Oct 02, 2014
905 posts
Member Since Oct 02, 2014
905 posts

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