Morgan Stanley issued a recommendation for the USDCAD currency pair.
The Bank recommends taking a short position on the pair with following levels:
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Create account Try a demo Download mobile app Download mobile appEntry: Limit order to short at 1.3550
Target: 1.2800
Stop: 1.3800
Morgan Stanley recommends placing a short limit order on USDCAD at 1.3550 with a target of 1.2800 and a stop loss order placed at 1.3800. Source: xStation5