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RAPID UPDATE EUR/CAD TP @: 1.44036 (*opt) SL @: 1.44381 | Focal Community Group (FXSignals)

RAPID UPDATE
EUR/CAD
TP @: 1.44036 (*opt)
SL @: 1.44381

Wall Street saw a mixed performance at the last regular US trading session of the year with overall little movement - we see some profit taking now. Our Chinese tech stock trades disappointed today, American Express saw a nice performance, but financials came under pressure with the important 10-y US Treasury yields losing ~ 4.5 basis points from yesterday's strong gain also putting some pressure on the financials heavy FTSE 100. We secure profits with our EUR/CAD - as a slight turn in risk sentiment could put some pressure (short-term) on oil prices - we set a tight SL.

The EUR/CAD is our 19th successful forex trade in a row (although our AUD/JPY is still running).

edit - we set the SL tighter.


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