SELL on 30 Mins

USDCAD broke out the up-trend line.Although the unemployment rate rebounded in Jan, the quantity of employment is too outstanding to make market surprised. USDCAD is still under the pressure of down trend.

The target is 1.3165.
Turning point: 1.3265.
Under 1.3265, bearish , target price is set at 1.3200, then 1.3165.
Above 1.3265, bullish , target price is 1.3300,then 1.3330.
RSI indicators show it has further down space.

Prior Strategy:
SELL on 30 Mins
Technical IndicatorsTrend AnalysisUSDCAD

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