EXNESS - Analytics

    EXNESS

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    USDCAD: adjustment from the level of 1.3278

    Sell on a level breakthrough of 1.3278 with 1.3224 target. Stop loss = 1.3328.

    Reason for the trading strategy

    The rising geopolitical tensions in the Middle East have led to an increase of the WTI crude oil prices to 42.8 dollars per barrel and have supported the commodity currencies. Today, an adjustment in oil prices in the United States is possible at the time of publication of the weekly statistics on oil reserves.

    USDCAD, H4

    USDCAD


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