Flash: USD/CAD target 1.1200? - TDS

FXstreet.com (Guatemala) - Shaun Osborne, strategist at TD Securities said their short-term technical target remains the mid/upper 1.10 area but the breach of the low/mid 1.08 area (now major support) over the past week opens up the topside for a push to the low 1.12 area in the weeks ahead.

Key Quotes:

“We want to buy

USDCAD below 1.09; buy at 1.0880, risk risking 1.0780 and target a move to 1.1200”.