Trade view /
14 March 2018 at 7:54 GMT
Monday’s stalling at the 13-day moving average proved important. That point acted as a base Tuesday for fresh investor demand that took USDCAD back towards last week's levels around 1.3000.
The speed and scope of the late move means intraday signals for sentiment are overbought but despite an Asian profit-taking attempt our technical indicators are supportive of further upside.
Management and risk description
A move to 1.2966 means the stop can be raised to break even.
buy in 1.2935/40 area and at 1.2918.
1.2966, 1.2985. and 1.3007.
intraday, closing 16:00 GMT.Above average
— Edited by Michael McKenna
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