Hello Delux...Everyone........
Quote:
1st Usd/Cad Sell Zone @ 1.1385<>1.1410
2nd Usd/Cad Sell Zone @ 1.1425<>1.1450
Targets @ 1.1330<>1.1300<>1.1250
Sold the Usd/Cad @ 1.1410 ...current High @ 1.1413...will seek to add further Usd/Cad Sell Zones within 1.1425<>1.1450 if reached.
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Welcome to MoneyTec Delux...the Targets are sequenced below...
Targets @ 1.1330<>1.1300<>1.1250
Lets watch a decline break @ 1.1380 which would have 1.1350<>1.1330 next in the Markets sights as a Fundamental influence is brewing with the OPEC meeting on Thursday for a production cut in Crude Oil which will effect the Canadian Dollar by firming a Rally as Crude Oil/Canadian Dollar travel within the same directional boundaries...thereby building the Usd/Cad Sell Position.
We want to pre-Position Now in the above Usd/Cad Sell Zones to build into the decline leading into OPEC's decision Thursday and beyond and seeking deeper Target Exits as the move unfolds onto 1.1300<>1.1250. Let's see how the Market Positions.
IRIS FX