Today is a big day for Canada, as a lot of data releases are due this afternoon
Although you never really know the outcome of the data, one thing that I like to do
is to try and trade before a (major) data release because you can take advantage of the positioning of traders;
let me show you how this works:
Technically Cad is very low against Usd, and 110 has been broken this week,
and it is natural that a retracement from 112 highs is going to happen,
this morning we see a retracement happening …
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