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USDCAD is often a great risk-yardstick for FX majors, so seeing quiet price action around 1.3200 reflects the cautious market tones.
 
I am a BUYER of USDCAD for 2 clean reasons:&nbsp;
1) Risk-off tilt now that Brexit swung to uncertain.
2) The USD buyers can likely swoop if the Philly Fed Manufacturing Index rebounds in any way.
 
BUY USDCAD
1.3205
Target: 1.3250 (+45 Pips)
Stop: 1.3165 (-40 Pips)

USDCAD - Poised?

Dec 01 2020