USD/CAD FX | Pre US CPI Key Data

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USD Strength has fed well into this week and brought USD/CAD off from the mid-point of the long term sideways movement we have seen form over time.

Any hopes that are further extended (Soft Landing) will likely reduce inflow into USD (Dovish). Any other outcome that supports a hawk case will likely do the opposite.

Price momentum really allows for spread out shorts, should you take them nearer the upper sideways TL.

Note
Entered shorts.
Note
Further ideal entry Conf setup.

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