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Sam_Eder

USDCAD - Rangebound Ahead of CPI and FOMC

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Sam_Eder  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis fxrenew trading fx USDCAD
1
0
trendanalysis fxrenew trading fx usdcad
USDCAD is within a defined range ahead of
FOMC tonight.

We have CPI coming up today and the odds
are for a worse print.

However, we would suggest fading any break beyond the range, and waiting for FOMC to get
the true direction.
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