Fundamental:
Technical:
- CAD is having short-term weakness due to slow NAFTA progress
- Weak economic data gives CAD weakness despite the BOC tightening
Technical:
- Range break, will be retest, take opportunity of spike result from BOC Poloz speech to hit the sell limit
- D1 trend is on a downward channel.
Trade closed: stop reached:
Hit SL due to CAD news release