*Algo trading another slow summer session, stocks off USD/CAD back up.
*Lows by 0.9843, just low enough to take out real money stops & option triggers.
*Rebound highs by 0.9873 threatening USD/CAD 24-hr M/A (0.9871).
*Short term momentum systems with trailing stops under pressure.
*Short term momentum stop & reverse orders 0.9885 & 0.9907 under scrutiny.
*Positive divergence (RSI low 23.6, spot 0.9852, RSI 30.0 with spot 0.9843).
*Lows by 0.9843, just low enough to take out real money stops & option triggers.
*Rebound highs by 0.9873 threatening USD/CAD 24-hr M/A (0.9871).
*Short term momentum systems with trailing stops under pressure.
*Short term momentum stop & reverse orders 0.9885 & 0.9907 under scrutiny.
*Positive divergence (RSI low 23.6, spot 0.9852, RSI 30.0 with spot 0.9843).
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