piptank
Long

Long Loonie at 1.2500 $USD $CAD #BoC #forex

FX:USDCAD   U.S. Dollar / Canadian Dollar
Canadian Dollar             devalues as long as Oil             dropping and US Dollar             strengths.
So I see no reason to short Lonnie exact the opposite. Long positions are welcome.

Other facts to mention Canadian jobless rate dropping to 6.6 % in January 2015 from 6.7%. But Consumer prices in Canada dropping too 1.5 percent year-on-year in December http://www.tradingeconomics.com/canada/inflation-cpi and in January 2015 only 0.7% are expected a further drop.

A good area for longs is between 1.25-1.245.
TP 1.28 (maybe more possible)
SL 1.224
Watch out for big news next week.
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