My System signals SELL for USDCAD
Canada's dollar advanced after a government report showed the nation's employers added more jobs in August than economists forecast, indicating the Bank of Canada may refrain from cutting borrowing costs next month.
The currency remained higher after a report showed the U.S.
lost more jobs than forecast in August and the unemployment rate climbed to a five-year high.
Both Stochastic and Comm Channel signals SELL for USDCAD
Shorted 10,000 USDCAD at 1.0654
Stop level at 1.0785
Target level at 1.0487
Chart:
Forex & Binary Trading: My System signals SELL for USDCAD