BI 160 x 600 Feb copy (2)
BI 160 x 600 Feb copy (2)
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UBS – Sell USD/CAD rallies to 1.2570

 

While other brokers such as SEB and SwissQuote recommend clients to look short USD/CAD, UBS has taken a different view noting USD/CAD “remains stuck right in the middle of the recent trading range. We expect the range play to continue. Sell rallies to 1.2570 with stops above 1.2670 and buy on dips to 1.24 with stops below 1.23″.

Source: UBS



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