Buy on a level breakthrough of 1.3080 with 1.3190 target. Stop loss = 1.3030.
Reason for the trading strategy
The WTI crude oil prices decreased by 3.4% from yesterday's high, reaching the level of 47.83 dollars per barrel. The decline in oil prices was due to the dollar strengthening in the international currency markets and an unexpected increase in the US oil inventories.
Reason for the trading strategy
The WTI crude oil prices decreased by 3.4% from yesterday's high, reaching the level of 47.83 dollars per barrel. The decline in oil prices was due to the dollar strengthening in the international currency markets and an unexpected increase in the US oil inventories.
Exness - USDCAD: growth against the background of falling oil prices
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