EXNESS - Analytics

    EXNESS

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    USDCAD: rebound from the 1.4 resistance level

    Sell on a level breakthrough of 1.3890 with 1.3790 target. Stop loss = 1.3940. 

    Reason for the trading strategy

    The rising prices for WTI crude oil from $26.04 to $27.15 per barrel have provided support for the Loonie. Today, it is worth paying attention to the publication of the weekly statistics on the number active oil rigs in the US.        

    USDCAD, H1


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