Looks like really bad CAD data coming out tomorrow morning. So I expect this to have at least one more push up at that time.
I took a small flyer short on this at 1.33210 just to keep it on my radar. Want to load up short after tomorrow if there is a nice big spike up. I want to weigh the probability of price action and if it will have downside follow thru within 4 hours after the news. If not I will bail, I don't want to pay the swaps on this over the weekend. The better trade is to look for a bigger short trade on Monday, till then just small stuff for me.
Best wishes all!
I took a small flyer short on this at 1.33210 just to keep it on my radar. Want to load up short after tomorrow if there is a nice big spike up. I want to weigh the probability of price action and if it will have downside follow thru within 4 hours after the news. If not I will bail, I don't want to pay the swaps on this over the weekend. The better trade is to look for a bigger short trade on Monday, till then just small stuff for me.
Best wishes all!