Commentary
Add as a preferred source on GoogleQuotes from Barclays Capital: -We are bullish USDCAD and look for a move above recent range highs near 1.2700 to confirm upside traction through the year-to-date peak at 1.2800. -Our targets are toward 1.3065, the highs …
Quotes from Barclays Capital:
-We are bullish USDCAD and look for a move above recent range highs near 1.2700 to confirm upside traction through the year-to-date peak at 1.2800.
-Our targets are toward 1.3065, the highs of 2009. A move above 1.3065 would signal further upside toward greater targets near 1.3465.
-An unexpected break below 1.2350, the recent range lows, would provide an opportunity to buy at better levels toward a cluster of technical support in the 1.2065/1.2090 area.
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