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Fundamentals
Earlier on this day during the Asia market, the AUD news was released and
the news came out good.
From the previous day Thursday the 9th, we had few Shockingly bad CAD
news. They were expecting good news, but it came out worse than before.
So overall the fundamental was on my side for this trade.
Note :
Being aware that there is more news coming up for the pair you are trading can be
essential. Just because you have the fundamentals to support you, don't forget to
look at the calendar to see if there is another news coming up that can alter the
direction of your trade.