Loonie trades above 1.2300, jump till 1.2380 is possible

USD/CAD is trading well above 1.2320 and this confirms short term bullishness, a jump till 1.2380 cannot be ruled out.

Intraday weakness only below 1.2300 and break below will target 1.2250/1.2200.

It is good to buy around 1.2327 with stop around 1.2300 for the target 1.2375