Buy on a level breakthrough of 1.3153 with 1.3295 target. Stop loss = 1.3100.
Reason for the trading strategy
The figures for retail sales and consumer price inflation for Canada published on Friday were worse than expected. The Loonie ignored the statistics, using the stabilization of the WTI crude oil prices at around $48.5 per barrel. Today the WTI barrel was trading at around $48, which creates preconditions for a weakening Loonie.
Reason for the trading strategy
The figures for retail sales and consumer price inflation for Canada published on Friday were worse than expected. The Loonie ignored the statistics, using the stabilization of the WTI crude oil prices at around $48.5 per barrel. Today the WTI barrel was trading at around $48, which creates preconditions for a weakening Loonie.
Exness - USDCAD: consolidation above the level of 1.3153
ليست هناك تعليقات:
إرسال تعليق