USDCAD
Dec. 21, 2015, 10:35
Buy on a level breakthrough of 1.3999 with 1.4086 target. Stop loss = 1.3949.
Reason for the trading strategy
Last week, the number of active oil rigs in the US unexpectedly rose by 17 to 541, signaling the unwillingness of the US producers to cut oil production, despite a decline in its value.
USDCAD, H1
Dec. 21, 2015, 10:35
Buy on a level breakthrough of 1.3999 with 1.4086 target. Stop loss = 1.3949.
Reason for the trading strategy
Last week, the number of active oil rigs in the US unexpectedly rose by 17 to 541, signaling the unwillingness of the US producers to cut oil production, despite a decline in its value.
USDCAD, H1
The Loonie is consolidating near the yearly lows
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