Canada Employment change Dec 2017 : 78.6K vs 2K expected

Canadian labour report for 05.01.2017

• Unemployment rate 5.7% vs 6.0% exp, prior 5.9%
• Prior employment change was a whopping 79.5K
• Full time employment change 23.7K vs 29.6K prior
• Part time employment change 54.9K vs 49.9K prior
• Participation rate 65.8% vs 65.7% prior

Another mindblowing number, USDCAD collapses to 1.2410.
1.2387 is the next support, if that gives way there’s not a lot to prevent it from  having a look at 1.2262 imo

USDCAD D1 05.01.2017

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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