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WTI rose sharply, from $ 0 to almost $ 70.
Unsurprisingly, this rally led to the strengthening of the Canadian dollar, especially against other currencies, such as Japanese yen and Australian dollar.
Of course, USD / CAD was affected as well, in which it lost as much as 25,000 pips this year.
But for cross-rates, a further increase will most likely happen. Hence, it is best to set stop orders every 500-1,000 pips.
In short, allocate at least 0.01 lot every $ 1000 deposit.
Good luck and have a nice trading day!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.