Monthly and Weekly price structure is bearish, Daily is currently slightly bullish. Price retraces back to the support zone as highlighted on the Daily time-frame, there is a probability to look for longs to reach the first target as highlighted. Keeping in mind Seasonal Tendency in January for USD usually is BULLISH.
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Risk: CAD CPI m/m
CAD BOC Monetary Policy Report
CAD BOC Rate Statement
CAD Overnight Rate
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