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14 Jun 2013
Flash: Buy USD/CAD for a 1.06 target - TDS
FXstreet.com (Barcelona) - Buy USD/CAD at 1.0155 with target of 1.06 and stop of 1.00, says Greg Moore, FX Technical Strategist at TDS. According to Moore, the pair holds a bullish stance in the short, medium, and long term, adding that "levels have become more appealing in recent days, and with decent support in the mid-1.01 area, we think we are near the lows."