BoE increased the Bank rate to 0.25% this morning to combat surge in Inflation, Which might help the pair to gain some strength after the month long bearish momentum
After the positive news on CPI, CAD might show some strength against the Euro. Technical analysis also support the bearish patent by forming a nice RSI divergence on H4 time frame. watch for the key levels
Enter after the breaking the level 1.4470 and targets around 1.4370 and 1.4290
