TradingView
FxWirePro
Apr 5, 2024 12:55 PM

USDCAD- Excellent  Long

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD surged sharply after upbeat US NFP and dismal Canadian jobs data.The US economy has added 303000 jobs in March, above the estimate of 200000. While the unemployment rate fell to 3.8% from 3.9% the previous month. Average hourly earnings surged to 0.30% vs. a Forecast of 0.20%.

It is good to buy on dips around 1.36200 with SL around 1.3570 for TP of 1.37480
Comments
JoeChampion
it didn't respect the retrace area of 1.36100, but i think perhaps it'll respect the intersection with the uptrend!
More