Sell on a level breakthrough of 1.3225 with 1.3040 target. Stop loss = 1.3275.
Reason for the trading strategy
According to the US Department of Energy, the country's oil reserves grew by 0.3 million barrels over the past week, with a forecast of growth of 2 million barrels. The statistics provided support for oil prices. Currently, WTI crude oil is trying to gain a foothold above the level of $40 per barrel, and the USD/CAD pair is approaching the level of 1.3225.