USDCAD – update

In my previous post I mentioned that my USDCAD position was still in progress. Well, on Friday I had to manually exit this position since the level was holding for too long and too strong. 9740’s was attacked many times by pretty strong moves and always resisted. The position produced only +20pips and had to be closed manually bit earlier. I am pretty satisfied that I exited with some profit due to the large price spike which came an hour later. Here is my explanation for the exit: