FX Watch: Is EUR/CAD Ready To Make New June Lows Ahead Of Canada’s CPI Release?

FX Watch: Is EUR/CAD Ready To Make New June Lows Ahead Of Canada’s CPI Release?


EUR/CAD is testing April’s lows ahead of Canada’s CPI release.

Will the pair extend its downtrend if Canada’s inflation turns out bullish for the Loonie?

We’re taking a closer look at the 1-hour time frame:

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