With all due respects to EUR/CAD traders out there, this is probably the most unappealing of all major pairings in my view. My opinion might have something to do with the fact that I always lose money trading CAD.
Anyways, Cititechs are on a bit of a roll of late and it’s always good to listen to the guy/gal with the hot hand. They went short EUR/CAD with profit target at 1.3050 and a stop-loss above 1.4150. They are already 80 pips in the money from their entry level at 1.3850. From current levels, a stop-loss of 400 pips is probably too much for most people’s pockets.
