Still holding our EUR/USD short from 1.4753 level. Still holding our CHF long enties starting at 1.1224 going up to 1.1265.
My contact has suggested to hedge Cad around 9580/9600 area, expecting a retracement. Stand by for additional info.
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The Cad broke thru the hedge level and has moved on up to the 9660 level where it found resistance. I think that the fact that today is a holiday in the US and Canada many of the banks are not participating and there for the level failed. Addionatlly the thin market we are trading…
Still holding our EUR/USD short from 1.4753 level. Still holding our CHF long enties starting at 1.1224 going up to 1.1265.
My contact has suggested to hedge Cad around 9580/9600 area, expecting a retracement. Stand by for additional info.