Long EURCAD

2019-12-05 17:37:09

After short selling the pair couple of days ago, it seems the pair now has found support around 1.46.
Entering long, same type of setup with tight SL and duration of 3-5 days.
I believe OPEC meeting and expected oil production cuts will not have significant effect on Loonie, because markets already priced and digested this information.