Jan 27, 2014
Flash: USD/CAD 1.0990/1.1010 major support; target at 1.1265 - TDS
Shaun Osbourne, Chief FX Strategist at TD Securities commented that the recent decline in the USD/CAD seems to be trying to stabilize now. Osbourne believes last week’s peak of 1.11 is a neat bull flag and affirms TDS continues to target USD/CAD at 1.1265.
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