EXNESS - Analytics

    EXNESS

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    USDCAD: growth before the publication of the data on Canada's labor market

    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.

     

    USDCAD, H1

    USDCAD


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