
The short USD/CAD Trade was a good swing to a low of 1.21 area and I still have it open/ I have lowered stop to 1.2648 to lock in profits should the pair reach a triple top. There has been somewhat of a double top pattern in the last week and it may be a good indication of the USD shifting / reversing it's trend to a downward direction. If it does I'll be very happy since there is another 2000 or so pips to parity. I think if it does go lower it will head for 1.10 or even parity. This sets up a good opportunity in all the USD pairs as the impending Rate decision is due this week. Many suspect the FOMC will lower rates to .5 or even lower
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