Buy USD/CAD at descending trendline / 50 D MA.US Dollar/Canadian DollarFX:USDCADForexExpats1The USD/CAD has been struggling ever since the bad jobs data earlier this month. Now price action has cleared a descending trendline and the 50 Daily Moving Average I expect it to gain until next resistance at the 78.6% Fib retracement of Januarys move 1.3833 and after 1.3920 resistance. Therefore I am buying this pair close to the trendline with a stop beneath it. Buy Limit : 1.3695 descending trendline 50 D MA Stop : 1.3641 under 50 Daily Moving Average. Profit : 1.3830 before 78.6% Fib retracement Risk 1 : 2.5 / stop is 54 pips.