EXNESS - Analytics

    EXNESS

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    USDCAD: consolidation below the level of 1.3146

    Buy on a level breakthrough of 1.3146 with 1.3295 target. Stop loss = 1.3090.

    Reason for the trading strategy

    The optimism about the planned meeting of major oil producers in Qatar declines, that returned the oil prices back to decline. In the short term, the Loonie will be under pressure.

    USDCAD, H4


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