Levels to eye through the BOC decision
The BOC decision is imminent. The chart above shows the pair is more bearish below the 200 bar MA on the 4-hour chart but also above recent lows at 1.30487 and the 100 day MA at 1.3027. Those are the key levels to eye on a more hawkish or dovish statement/comments going forward.
Understand, that the statement is one thing. Then there is the press conference later. That extends the event risk profile for traders. It also can increase the liquidity risk as well. So be aware that if the bias is not unequivocally hawkish or dovish, the price can chop around.