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FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains

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USD/CAD climbs pre-Canada jobs data

Friday, March 13, 2015 10:44 AM UTC

USD/CAD rises to test 1.2740 offers pre-Canada jobs data at 1230GMT
5k fall in employment forecast. Jobless rate forecast to rise to 6.7%, from 6.6%
Worse than expected numbers may encourage further USD/CAD gains to/through 1.28 level
1.28 = Jan 30 high & Wednesday's high
Bull targets among 1.30 beyond
1.2613 = Thursday's low, after profit-taking on longs (from 1.28)

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USD/CAD climbs pre-Canada jobs data

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