The Canadian CPI data has missed its headline numbers by 60 bps.
It piles to the negativity in the counter.
Also, technically the pair is in a descending channel.
It is capped by its resistive trendline and hence we expect the pair to head towards its supportive trendline for now.
It piles to the negativity in the counter.
Also, technically the pair is in a descending channel.
It is capped by its resistive trendline and hence we expect the pair to head towards its supportive trendline for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.