Multiple scenario possible : CAD employment data

2020-03-06 14:08:14

Hello Traders ,

Today we have important release : EMPLOYMENT DATA from Canada ,

In these week we have seen CAD weakening due to falling OIL prices , and BOC interest rate decision , good or bad employment data can push extra bearish pressure on CAD crosses or may trigger short coverings and retracements / pullbacks may occur,

Wait till news and then trade as per breakout of technical levels in chart .