Mid week update - Euro short still in play

I continue to hold EURJPY and EURCAD short. There are two events in the economic calendar that will probably decide the outcome of these two. That would be EUR German CPI on 12th Nov, 2:00AM EST.

GBP has been gainining strength and I have a conditional entry to enter GBPCHF long trade if the price breaks above 1.52930 area.

USDCAD: Up trend prevails and the price action is above 50 MVA. My intention here is to go long if the price retrace to around 1.32120 area with stop loss just below 50 MVA on the 4 HR chart.

That is all for today and wish you happy trading.

Best Regards

KusumFX
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