Option barrier in USDCAD looks to be knocked out
The 1.2500 barrier looks done as we’ve got a low of exactly that. There still looks stiff support on the big figure but it’s looking dodgy.
USDCAD 15m chart
There’s support down to 1.2488 and further, down to 1.2450.
I’ve got a provisional stop under 1.2470 but I’ll get out sooner if 1.2500 looks like it’s going to go.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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