Sell on a level breakthrough of 1.3109 with 1.3045 target. Stop loss = 1.3160.
Reason for the trading strategy
Last week, the commercial US crude oil stocks fell by 4.4 million against the forecast of a reduction by 1.5 million barrels per day. In the coming weeks, oil production in the United States may decline. At the moment, the commodity currencies look oversold. At a breakthrough of the level of 1.3109, opening short positions for the USD/CAD pair is worth considering