We are taking a look at our USD/CAD trade on a 10 minute chart to get a better view of price action on Friday. Our long entry trade was hit as the pair drifted down before Friday’s economic reports. Retail Sales gave the greenback a boost and we saw pt1 hit soon after. Unfortunately, loonie quickly regained value against the US dollar and our second lot was closed out at break even.
Lot 1: +25 pips
Lot 2: +00 pips
Total: +25 pips
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