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.