Some corporate order talk for the loons out there.
Buyers seen at 1.0015 to 1.0000.
Previously mentioned bids are still down at 0.9995-0.9975 with some stops appearing below 0.9975. Sell stops also seen on a close below 200 dma at 0.9990
Light selling in place at 1.0090, 1.0120/30 but open sky from there to 1.0225
Got to say I’ve not had a look at USD/CAD for a while and it could be lucky that I now have.
The lower long term trend line (Sep 2012 low) is near at 0.9998. Twinned with the orders and 200 dma at 0.9989, I’m going to put a buy order in at 1.0005 with a stop at 0.9960.
