Sell on a level breakthrough of 1.2950 with 1.2860 target. Stop loss = 1.3000.
Reason for the trading strategy
The statistics on oil reserves in the United States, which fell by 1.68 million barrels per day last week supports the currencies of the Petroleum Exporting Countries. From a technical point of view, at a breakthrough level of 1,295, opening new short positions in the USD/CAD should be considered.