Morgan Stanley says it’s the time to buy USD/CAD

Morgan Stanley says it’s the time to buy USD/CAD

Morgan Stanley has a USD/CAD trade idea

At today’s open, Morgan Stanley recommended buying USD/CAD at 1.2650 with a limit order. The low today was 1.2730 so it wasn’t filled before today’s Canadian jobs report and the pair is trading at 1.2799 now.

They have a target of 1.3100 and a stop at 1.2510.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.