EXNESS - Analytics

    EXNESS

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    The USDCAD pair may test the level of 1.3280 in the short term

    Buy on a level breakthrough of 1.3191 with 1.3280 target. Stop loss = 1.3141.

    Reason for the trading strategy

    Today, attention should be paid to the publication of the October data on the labor market in Canada and the United States, and the Baker Hughes weekly statistics on the number of oil rigs in the United States. If the oil prices continue to decline, the USD/CAD pair will test the level of 1.3280.

    USDCAD, H1

    USDCAD


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