longtrade

USDCAD - SHORT IDEA - HIGH RISK

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD CAD - Short Opportunity
BoC Interest rate looming in a few hours - Expected to raise rates, which can push the CAD up against the dollar, which will resume the stellar run it has had in the last few weeks.

Stop Loss - Just around 1.26 - 1.27

Note to self: DO NOT HAVE TIGHT STOP ON THIS ONE - YOU MAY GET WHIPSAWED


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