EXNESS - Analytics


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    USDCAD: consolidation higher than the 1.3309 level

    Sell on a level breakthrough of 1.3309 with 1.3200 target. Stop loss = 1.3359.

    Reason for the trading strategy

    According to Baker Hughes, the number of oil installations in the US last week fell by 8 to 392, and the number of gas installations fell by 5 to 97. The WTI crude oil prices reacted positively to the statistics and are now trading at around $36.57 per barrel.


    USDCAD, H4

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