Trade Ideas For AUD/USD, NZD/USD, USD/CAD - UBS

22 October 2015, 20:32
Vasilii Apostolidi
0
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The following are UBS' latest short-term (mostly intraday) trading strategies for AUD/USD, NZD/USD, and USD/CAD.

AUD/USD: We prefer playing AUDUSD from the short side, looking for a move towards 0.7000, adding into rallies towards 0.7250 and trailing the stop lower to 0.7310.

NZD/USD: Stick to fading NZDUSD rallies between 0.6750 and 0.6800, with a stop above 0.6850.

USD/CAD: Take some profit here in order to buy again at better levels around 1.3050/80.

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