FX Watch: EUR/CAD Short-term Trend Reversal for BOC Decision?


This Loonie pair is testing a long-term area of interest and is forming a short-term reversal pattern ahead of the Bank of Canada’s (BOC) rate decision.

Expectations are for another interest rate cut by the Canadian central bank, as well as updates to their economic forecasts.

Can EUR/CAD gain traction on its potential uptrend?

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