LONG ON USD/CAD

Economic news has just been released for the USD with greater than expected numbers for manufacturing and Job Openings.

Price has already been in an uptrend and has bounced off the strong 38.2 fib level.

With these confluences I expect price to continue going up.

Here is the play I will be making on this pair:

PAIR = USD/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.26983
STOP LOSS = 1.26563
TAKE PROFIT = 1.27753