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Coleman: Trading USDCAD ahead of nonfarm payrolls

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Ian Coleman is trading USDCAD ahead of this month's release of US employment data. With the Dollar index in consolidation mode, Ian notes three inside days on the daily chart and an Ending Wedge formation on the weekly chart. 
A Bearish channel formation on the intraday chart and trendline support at 1.2970 suggests to Ian that the market expect strong buying.  
Sell USDCAD at 1.3117 
Stop: 1.3147
Target: 1.2975