USDCAD First Target Reached

Special Crops Technical Analysis

First Target reached.

Now I reassess.

My strategy tells me the following:

  1. Remain SHORT below 1.33397

  2. Look for a LONG entry on a pullback towards 1.303.

  3. LONG above 1.33397.

There is a lot of 2018-2019 supply to work through to get above 1.33397, so the price could range between 1.3 and 1.334 until the sellers become exhausted.

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