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• USD/CAD rose above 1.3600 level on Monday as last week’s strong jobs report continued to propel dollar .
• U.S. nonfarm payrolls increased by 254,000 jobs last month, beating the 140,000 new jobs.
• The key data release for the week, the consumer price index for September will be released Thursday, producer price data and University of Michigan consumer sentiment are due to be released on Friday.
•At GMT 15:43, the dollar was trading up 0.21% to 1.3602 to the Canadian dollar after the data.
• Immediate resistance is located at 1.3612(38.2%fib), any close above will push the pair towards 1.3656(23.6%fib).
• Support is seen at 1.3578(50%fib) and break below could take the pair towards 1.3538(61.8%fib).
Recommendation: Good to buy around 1.3590, with stop loss of 1.3480 and target price of 1.3650
