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.
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