FXWW News

USD/CAD shorts stopped out overnight

Well I did warn that I’m the classic reverse indicator in the CAD 🙁 The nasty spike after poor Canadian data saw my stop triggered but luckily it was a tight trailing stop so no great harm done. Goldman Sachs again got it pretty much spot on.

Any market that spikes 150 pips (even if the data was bad) is definitely telling us something.

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