Sell on a level breakthrough of 1.3503 with 1.3400 target. Stop loss = 1.3553.
Reason for the trading strategy
The WTI crude oil prices are consolidating around the level of 32.7 dollars per barrel after the publication of statistics on the number of oil installations in the US, which fell by 13 to 400 last week. In the near future, the USDCAD pair is likely to update the February low.