Unfortunately yesterday after a series of good trades I took a loss on EUR/CAD. I tried 2 times to go long but I was forced to close the trade at a loss because of the market action. The reason why my timing was wrong is because the CAD dollar has a strong seasonality pattern during the first part of Jun which I overlooked. EUR/CAD has just broke outside some consolidation pattern and if we project that range to the upside we get a target of 1.4500. Timing remains key with this cross pair as it …
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