Buy on a level breakthrough of 1.2723 with 1.2778 target. Stop loss = 1.2670.
Reason for the trading strategy
Today at 12.30 GMT, the statistics for Canada's labor market will be published. Expectations of growth in the national unemployment rate from 6.8% to 6.9% with a decrease in employment by 9 thousand in June are putting pressure on the Loonie.