19-11 USDCAD The CPI in Canada is better than expected. Better expected figures than the US. Actually the short movement had already started. Our signal system still gives a score of +1 but that will quickly become bearish. The current Score is +1 which is composed by Cot Data 0, Retail sentiment 1. Seasonality 1, Trend reading 2, GDP -1, Manufacturing PMI -2, Services PMI 1, Retail Sales 2, Inflation -1, Employment Change -2, Unemployment Rate 0, Interest Rates 0.
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