With commodities moving up this year, the CAD and AUD have been active of late.
After Governor Stevens mentioned the Aussie dollar had gotten a bit ahead of itself yesterday, we would have thought it would have moved down then. Instead we got a series of lower highs today and a short is taken for modest gains as we allowed a little wiggle room just above Target 1 and price moved up hitting our profit stop.
Good luck with your trading!
Hoping to find a trade before Good Friday…
