Sell on a level breakthrough of 1.3110 with 1.3055 target. Stop loss = 1.3160.
Reason for the trading strategy
The WTI crude oil prices tested the level of $41.68 per barrel after the publication of the Ministry of Energy report on the US oil reserves, but at the moment their growth is observed due to the dollar weakening in the international currency market. The American regulator's rhetoric stated yesterday was quite soft, which put pressure on the US dollar.
Reason for the trading strategy
The WTI crude oil prices tested the level of $41.68 per barrel after the publication of the Ministry of Energy report on the US oil reserves, but at the moment their growth is observed due to the dollar weakening in the international currency market. The American regulator's rhetoric stated yesterday was quite soft, which put pressure on the US dollar.
Exness - The USDCAD pair rushes to the 1.3055 level
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