EURUSD and USDCAD

CPI and Core CPI in for the EUR in about five minutes. Since it hasn’t closed bellow 1.35 yesterday we have taken some positions off and are waiting for it to either break lower bellow 1.35 or retrace to the previous level of 1.3578 and sell more there if it holds.

As for USDCAD obviously we have taken profit on our shorter term (newly added positions) after the BOC but it seems to be holding above 1.07 for now and will add more long positions. Waiting for better entry points.

Have a good day trading those two pairs. Watch out for the CPI.