Trader, analyst and instructor with a 6-year experience

TD Securities: buy USD/CAD

Strategists at TD Securities recommend buying USD/CAD at the current lwo levels. They expect the USD/CAD to regain its bullish tone in the months ahead. 

"From a trade perspective, we are quite comfortable with the risk/reward at the current spot rate, and will buy at these levels targeting 1.0600, and risking 1.0215", they say. 

Chart. Daily USD/CAD


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