EXNESS - Analytics

EXNESS

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Real

USDCAD: consolidation in the range of 1.3269-1.3317

Sell on a level breakthrough of 1.3269 with 1.3191 target. Stop loss = 1.3320.

Reason for the trading strategy

Today, the Loonie will be supported by the oil prices that rebounded from their Friday's lows and the adjustment of the US dollar in the international currency market. The oil prices react positively to the statistics on the number of oil rigs in the United States, which fell by 6 last week, down to 572.

USDCAD, H1

USDCAD



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