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CitiFX Technicals established a.......>

DOLLAR-CANADA
DOLLAR-CANADA: CitiFX Technicals established a short USD/CAD position on Tuesday
with a stop loss at C$1.3570 and a target of C$1.3070-1.3120. Citi note that
"USD/CAD failed to sustain the break of what we believed was the pivotal
C$1.3521-1.3524 area in what felt like it could be a "make or break" for the
uptrend. Consequently, we cut our long USDCAD trade Monday for profit and now go
short."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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