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JinDao_Tai

CAD employment & NFP

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Forex USDCAD USD CAD nfp employment Fundamental Analysis technicals economics
3
0
trendanalysis beyondta forex usdcad usd cad nfp employment fundamental technicals economics
Tonight, we have the CAD employment data. No significant change expected in the data.
However, if we get a positive NFP data, we could see the USD strengthen further.
Giving the USDCAD a solid base to bounce off support of 1.2750. However, a buy trade should be triggered only if 1.28 is breached.
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