Dec. Canadian dollar:
1. In Tuesday’s (Sept. 30) Dec. Canadian dollar update it was noted that a daily close above $89.25 could prompt long entry attempt in the Dec. Canadian dollar for a quick advance to at/near $89.90/$90 into Tues., Sept. 30 (+/-1 day).
2. Tuesday’s session closed at $89.12, below the $89.25 level. However, yesterday’s (Wed., Oct. 1) session closed at $89.41 (above $89.25) which triggered the forecast advance to $89.90/$90 in today’s session (today’s session high $90.16, so far).
3. Self-directed traders who took advantage of the advance exited the majority of their positions at/near the $89.90/$90 profit target. Will message any further entry or indication in the Dec. Canadian dollar.