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Trader, analyst and instructor with a 6-year experience

Сiti: where does USD/CAD go?

CitiFX strategists bought USD/CAD from 1.0921 on Monday. The 55-day MA (brown line) acts as a good support these days. In their view, a close above 1.0943 will trigger a move to 1.1060/70. Break higher will open the way to 1.1350.

Trade signal:

Hold LONG from 1.0921

TAKE PROFIT 1.1350

STOP LOSS 1.0795

Chart. Daily USD/CAD

CAD
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