Well its been an interesting morning in the $/Cad. As you will have noted it drove down to the lows of last night before finding support at the lower trendline defining the falling wedge formation.
As i write the pair is trading at 1.0326 and i am holding the position with an initial target of 1.045 and final target from the wedge of 1.0600.
I remain optimistic. As in all things trading related , time will tell.
I will decide if the position should be held overnight around 1700 GMT.
Good Trading
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