USDCAD double bottom and Non-farm

2020-01-10 17:54:23

Friday of non-farm data and CAD unemployment. After touching 1.31, now we pulled back. Formed a double bottom, so can enter long again.
Expecting the price to be near 1.31 by the time of the non-farm data. It usually revolves near round number before data. Long again through 1.31.
If data fails, we can still make money on the double bottom trade.

Good Luck!