Buy on a level breakthrough of 1.3983 with 1.4086 target. Stop loss = 1.3933.
Reason for the trading strategy
The USD/CAD pair remains clamped in the 1,3812-1,3983 range. After testing the $ 38.35 resistance level, the WTI crude oil prices fell back to 36.71 dollars. The oil market participants have not yet considered the geopolitical tensions in the Middle East as a factor that can start a negative trend in the oil market that has emerged due to the excess of supply over demand.