By Peter Stoneham — Nov 25 - 02:50 AM
A new pullback low of 1.3928 and a rebound to 1.3957 early Monday
Our short trade target met at 1.3940: we book just over a percent profit
Still see downside risk and will look to sell again
Fourteen day momentum positive and diverging bullishly but RSI is falling
Longish candle shadows last week and into this week, clouding direction
We will monitor rallies to 1.4020
USD/CAD Trading Page TGM2345
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Source:
Refinitiv IFR Research/Market Commentary