USD/CAD: Still short but………….

I’m a little out of the money on this trade but after a few decent intraday trades on Friday, my average does look a little better. I don’t believe strongly enough in this trade to take a big risk, so I will monitor early in the week and definitely exit above 1.1270. We may also get clues from other pairs, and if AUD/USD smashes below .8650 then I will almost certainly get out of the Loonie and re-assess.

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