OANDA:EURCAD   Euro / Canadian Dollar
I am looking for shorts today on EURCAD.
There is a high chance for a Thursday reversal.
But first, I am waiting for the 7:45AM EST news to come out
Comment:

I am thinking they might play around this area a bit...
Trade active:

Thats why I wanted to wait for the news....
I DEF did not see that coming...They spiked the highs and took out Wednesday's high.
We will see how this goes
Trade active:

I did take some profits off the table but letting this run with trail stop
Trade closed: target reached:

We have big news for CAD tomorrow morning....
I am looking for continuation to the downside tomorrow
Price might be heading back towards 1.39500
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.