EXNESS - Analytics

    EXNESS

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    USDCAD: growth after the publication of the American Petroleum Institute's statistics

    Buy on a level breakthrough of 1.2876 with 1.2930 target. Stop loss = 1.2826.

    Reason for the trading strategy

    According to the American Petroleum Institute, last week, the US crude oil reserves rose by 1.2 million barrels. If the US Department of Energy data for today confirms the American Petroleum Institute's statistics, the WTI crude oil prices may test the level of 47 dollars per barrel this week.

     

    USDCAD, H4

     


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