rf16saun

EURCAD retesting broken H&S ahead of Canada CPI.

Short
FX_IDC:EURCAD   Euro / Canadian Dollar
After breaking the inverted H&S rate hike from BOC, it is consolidating for a month and formed a rising wedge on H4. With Canada CPI ahead it looks like it is going under as CPI is expected to be higher. Wait for wedge to break for the confirmation.

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