The Bank of Canada rate decision is ahead. What are the risks/rewards for the USDCAD now?

  • The USDCAD is higher after stronger US CPI data

The US CPI data was stronger than expected and that help to send the USDCAD. The Bank of Canada rate decision is next with expectations for no change, but the language from the central bank could lead to a true breakout in this currency pair. Find out the technical levels in play in this short video including the risk and potential rewards/targets for the pair through the rate decision.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access