FX Watch: AUD/CAD Trend Correction for Canada’s CPI Report


I’m seeing a simple retracement opportunity on the short-term chart of AUD/CAD ahead of Canada’s CPI release.

Is the trend still our friend on this one?

Expectations are for the July inflation figures to stay mostly unchanged on a year-over-year basis, possibly convincing folks over at the Bank of Canada (BOC) to remain dovish.

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Access to exclusive MarketMilk™ sections
  • Plus More!