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forextraplaces
15 de Fev de 2024 15:05

USD/CAD still selling off Viés de baixa

U.S. Dollar/Canadian DollarFXCM

Descrição

Earlier I posted a USD/CAD SHORT trade which was unforunately blocked because of a TV house violation I was unaware off bit one that I fully understand.

I had an initial target for this trade at 1.3492 which we have reached.

There's no sign that this pair have finished selling off following the major Retail Sales shock out of the US.

Core Retail Sales were expected in at +0.2% but missed by an astonishing 8 points to come in at -0.6%.

This has seriously impacted all USD pairs and as I'm in this USD/CAD SHORT I see no reason to close the position just yet.

My next target is 1.3470.

Trade fechado: objetivo atingido

16/2/24 08:41 Price is at support so I've exited
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