Ayush,
Intraday ...this evening lots of things happened and it was literally as if the bottom had fallen apart.....There was Dollar Index that went up by almost a percent and there was the ECB balance sheet increase was a little perplexing and then there is Iran rhetoric which was again puzzling....but most of it should recover in a day or two... and we will certainly have some Intraday short covering across the pairs and commodities.
In the absence of not knowing your entry for USD/CAD it is difficult to comment...!!!
SG
Intraday ...this evening lots of things happened and it was literally as if the bottom had fallen apart.....There was Dollar Index that went up by almost a percent and there was the ECB balance sheet increase was a little perplexing and then there is Iran rhetoric which was again puzzling....but most of it should recover in a day or two... and we will certainly have some Intraday short covering across the pairs and commodities.
In the absence of not knowing your entry for USD/CAD it is difficult to comment...!!!
SG