EXNESS - Analytics

    EXNESS

    631.50 4.00/10
    69% of positive reviews
    Real

    USDСAD: consolidation before the publication of the statistics on oil reserves in the US

    Sell on a level breakthrough of 1.3223 with 1.3145 target. Stop loss = 1.3273.

    Reason for the trading strategy

    If evening data on oil reserves in the US, published by the Ministry of Energy, turn out lower than the American Petroleum Institute's estimates (i.e., the stocks over the past week increase by less than 6.3 million barrels), the price for WTI crude oil could rise above $44 per barrel (and the USD/CAD pair could fall below the level of 1.3223).

    USDCAD, H4

    USDCAD


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree