weaker Canadian GDP & lower oil price = long USDCAD
Weaker GDP and Oil coming off again below $60 on Greek turmoil should keep the CAD well offered. On the US side, ADP came better and announces a positive NFP on Friday. Positive Greek development would lead to risk appetite, and a strong USD.
Buy a pull back at 1.2402, stop 1.2348 and target 1.28
Buy a pull back at 1.2402, stop 1.2348 and target 1.28
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