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Westpac recommends USD/CAD trade

Discussion in 'Technical Analysis' started by ForexLive, Sep 22, 2015.

  1. ForexLive

    ForexLive Forum Member

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    FX trade idea from Westpac: Analysts at Westpac are out with their latest 'high-conviction' trade idea and it involved the Canadian dollar. They were stopped out in a recent long in the pair but wish to re-enter at 1.3238 (spot at 1.3271). Westpac notes that the loonie hasn't been able to take advantage of recent tailwinds.

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