Buy on a level breakthrough of 1.3043 with 1.3143 target. Stop loss = 1.2990.
Reason for the trading strategy
Canada's inflation statistics will be published today. The rise in oil prices and employment in May forms a background for an acceleration of consumer price inflation in Canada from 0.3% to 0.5% per annum. The internal statistics can support the Canadian currency, but the overall risk aversion ahead of the UK referendum form the background for its weakening.