Buy on a level breakthrough of 1.2885 with 1.2990 target. Stop loss = 1.2835.
Reason for the trading strategy
The rising jobless rate in Canada from 7.1% to 7.2% expected in April may cause a weakening of the Loonie. At a breakthrough of the 1.2885 level, opening long positions for the USDCAD pair is worth considering.