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A stop-loss order is basically a risk management tool used in forex trading (and other types of trading) to limit the potential loss of a position By setting a stop loss, traders determine the price as a market is going against those the position...
* USDCAD: Bullish above the level of 1.3700, targeting the levels of 1.3790, 1.3830 and 1.3870 * Bearish prospects below the level of 1.3700 with potential targets at 1.3660, 1.3600 and 1.3570 ...