My Bias: LONG Wave Structure: rally in wave upside to above 1.36 Important risk events: USD=U.S. Fed Chair Yellen Speaks +U.S. CB Consumer Confidence Create Alert Important risk events: CAD Bank of Canada Governor Poloz Speaks
Trade active
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Trade active
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Trade active
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and go up
Trade active
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Breakthrough support line
Comment
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investing.com/economic-calendar/gdp-123 Canada Gross Domestic Product (GDP) MoM Create Alert Start Trading Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Canada releases fresh GDP data on a monthly basis.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.