EXNESS - Analytics

    EXNESS

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    USDCAD: consolidation in the range of 1.3045-1.3145

    Sell on a level breakthrough of 1.3045 with 1.2945 target. Stop loss = 1.3100.

    Reason for the trading strategy

    Today, the USD/CAD pair may fall below the level of 1.3045 at the time of publication of the weekly statistics on the number of oil rigs in the United States. Low oil prices force investors to reduce investments in the oil and gas sector. We allow for the WTI crude oil prices to enter the upper limit of the range of $43,65-51 in Q4 2015.

    USDCAD, H1

    USDCAD


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