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RedridgeCapital

USDCAD: Time to Mean Revert

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
RedridgeCapital  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Beyond Technical Analysis
0
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beyondta
Looks like nice topping action here. Major news out of the way, could be a good time to mean revert USDCAD.

We will be shorting on market open, targeting 1.35 USDCAD. Spot short, hedged by a one week call at 1,3635
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