Price is forming a bearish flag, it makes sense I expect Canadian Dollar to gain strength and the Aussie to keep falling. Wide stop loss here, Forex is highly volatile. You can open a small position here and add at the break down.
Trade aktif:
Added:
Trading ditutup: stop tercapai:
Looks that the BOC wants to destroy their currency (today's Monetary Policy Report). What is going on with this modern central bankers who think that the only way to fight inflation is by destroying the economy? Haven't they learned anything from the past century?
I'm holding anyway and wait to see how it reacts with the resistance:
I'm holding anyway and wait to see how it reacts with the resistance:
Trading ditutup secara manual:
Nope, CAD is going down.