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Antonio_trader

USDCAD double bottom and Non-farm

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Antonio_trader  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Double Top or Bottom EURCAD nonfarmpayroll
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trendanalysis doubletoporbottom eurcad nonfarmpayroll
Friday of non-farm data and CAD unemployment. After touching 1.31, now we pulled back. Formed a double bottom, so can enter long again.
Expecting the price to be near 1.31 by the time of the non-farm data. It usually revolves near round number before data. Long again through 1.31.
If data fails, we can still make money on the double bottom trade.

Good Luck!
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