USDCAD
Yesterdays posted level on the CAD of the 1.0019 area, give or take 5 to 10 pips, for buys has paid out nicely. The low yesterday was around 1.0023 and made a recovery back to the 1.0090’s. This combo can be a tricky pair to trade and congratulations on those that took advantage of this level and profited the 40 pip intraday target. If you continue to hold this trade I would suggest locking in profit to protect your margin.
Dustin
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.