Buy on a level breakthrough of 1.3097 with 1.3186 target. Stop loss = 1.3047.
Reason for the trading strategy
The UK's exit from the EU will lead to a reduction in demand for oil in the European region, making the process of oil market balancing difficult. The risks of the oil prices falling to 45 dollars per barrel looks high. In the short term, the USDCAD pair may enter the range of 1.3097-1.3186.
Reason for the trading strategy
The UK's exit from the EU will lead to a reduction in demand for oil in the European region, making the process of oil market balancing difficult. The risks of the oil prices falling to 45 dollars per barrel looks high. In the short term, the USDCAD pair may enter the range of 1.3097-1.3186.
Exness - USDCAD: consolidation below the level of 1.3097
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