September 2017 Canadian retail sales report 23 November 2017

  • Prior -0.3%. Revised to -0.1%
  • Ex-autos 0.3% vs 1.0% exp m/m. Prior -0.7%. Revised to -0.4%

A miss it is but that’s tempered some by the better revisions.

USDCAD instantly trades to 1.2728 and now we’ll see if there’s any momentum. In recent data points there’s often been a second wind. As per my prior post, I’m eyeing 1.2740 but I may go smalls if we fail around 1.2725/30.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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