AUDCAD – EXIT LONG AT A PROFIT IN FRONT OF BOC

06/09/2021

FX VOL IS EXTREMELY LOW AND A CENTRAL BANK MEETING COULD BE TOO ASYMMETRIC FOR OUR RISK PREFERENCE.

EVEN THOUGH THE CHART LOOKS GOOD, WE EXIT THE LONG AUDCAD POSITION AS A PRECAUTIONARY MEASURE IN FRONT OF BOC MEETING.