FX.co ★ USD/CAD - take profits!

Good afternoon, dear traders! Already tonight, we recorded a profit on USD/CAD, which I recommended to sell in the previous recommendation of 10/14/2019.

Let me remind you that I recommended to take position in sales after a strong strengthening of CAD against the background of news of unemployment. As expected, the main movement to update the minimum of September began on Wednesday, as written earlier. This was, of course, connected with the abundance of dollar, Canadian and oil news. The main driver, of course, was inflation in Canada itself, after which our medium-term plan was fully implemented, with which I want to congratulate those who were in sales.

Working out a trading recommendation:

Profit amounted to 1000p for 5zn.

I can only wish you a good weekend!