Buy on a level breakthrough of 1.3071 with 1.3140 target. Stop loss = 1.3021.
Reason for the trading strategy
According to the American Petroleum Institute, the oil reserves in the US fell by 2.3 million barrels last week. The data from the US Department of Energy will become known today. Despite the favorable forecasts, the USDCAD pair is growing. The strong statistics on the US construction sector support the US currency.
Reason for the trading strategy
According to the American Petroleum Institute, the oil reserves in the US fell by 2.3 million barrels last week. The data from the US Department of Energy will become known today. Despite the favorable forecasts, the USDCAD pair is growing. The strong statistics on the US construction sector support the US currency.
Exness-USDCAD: growth against the background of global reserve currency strengthening
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