Fundamentals: Bank of Canada's rate decision and direction confirms our suspicions to take a short position in EURCAD. The Bank of Canada making inflation expectations a paramount concern to help real yields. This will, unltimately, benefit the CAD. Rising oil prices should also help the CAD appreciate.
Technicals: Downtrend uHd Reverse Divergence Negative RSI Pullback to the 23% fib at resistance
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