5:20 PM · 25 January 2023

USDCAD - recommendation from Morgan Stanley

USD/CAD

Forex

Morgan Stanley issued a recommendation for the USDCAD currency pair.

The Bank recommends taking a short position on the pair with following levels:

Entry: 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

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