Sell on a level breakthrough of 1.4226 with 1.4142 target. Stop loss = 1.4276.
Reason for the trading strategy
Yesterday, the head of Saudi Arabia's largest oil company called the drop in the oil prices below $30 irrational. Today, the prices of the BRENT and WTI oil tested the mark of $30.5 and supported the Loonie. At 13.30 GMT, attention should be paid to the publication of the consumer price index and retail sales in Canada.