Finally, the USD/CAD has broken out. If we see the 1.2500 big-round-number give way, a buying opportunity may set up nicely.

Here it is:

1) Buy 1.2459
2) Stop loss at 1.2419
3) Profit target at 1.2499, 1:1 risk vs reward
Beyond Technical AnalysisbigroundlevelsUSD/CAD

Also on:

Disclaimer