USDCAD
Sept. 17, 2015, 12:12
Sell on a level breakthrough of 1.3160 with 1.3060 target. Stop loss = 1.3220.
Reason for the trading strategy
According to the US Department of Energy, the crude oil inventories in the US fell by 2.1 million barrels per day last week. The news supported the price of WTI crude oil, which tested the mark of $47. per barrel. Against this background, the USD/CAD declined to the level of 1.3160.
Sept. 17, 2015, 12:12
Sell on a level breakthrough of 1.3160 with 1.3060 target. Stop loss = 1.3220.
Reason for the trading strategy
According to the US Department of Energy, the crude oil inventories in the US fell by 2.1 million barrels per day last week. The news supported the price of WTI crude oil, which tested the mark of $47. per barrel. Against this background, the USD/CAD declined to the level of 1.3160.
USDCAD: consolidation around the level of 1.3160
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