EXNESS - Analytics


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    USDCAD: consolidation higher than the level of 1.4043

    Sell on a level breakthrough of 1.4043 with 1.3983 target. Stop loss = 1.4093.

    Reason for the trading strategy

    Today, attention should be paid to the weekly statistics on oil reserves in the United States and the previous US Federal Reserve meeting minutes. If the US Federal Reserve focuses on the weak growth of the American economy in Q4 2015, external threats, high dollar exchange rate, etc., the USDCAD will fall under pressure.  

    USDCAD, H1

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