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.
This article was written by Greg Michalowski at www.forexlive.com. Source