Dollaro / Dollaro canadese
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Trading Plans Pre Canada CPI Data

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Before Canadian CPI comes out we can assess the current technical and fundamental standing of various counterparts. CPI data is important as it gives a larger indication of where Central Banks will sit on the next decisions they make about rates.

CAD has lost value VS other currencies for a considerable amount of time as they have taken a dovish approach in a quicker format.

This has dragged various CAD pairs to new areas of entry/exit, which we can look at now.

GPBCAD, EURCAD, USDCAD all shown.
Nota
Longs entries ideal post news.
Nota
USDCAD Re-shorts ideal.
Nota
CAD Pairs entering light short territory/Profit taking.

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