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Eur/cad delivers great trade ahead of the BOC

January 28, 2022January 28, 2022 by Anna Coulling Comment Closed

Entry points for the great trade posted ahead of the BOC was delivered first by the volume point of control on the hourly chart with the daily Camarilla levels then coming into play for a potential re-entry. The strength of the move in the pair was also confirmed by the Currency Matrix along with the strong divergence on the hourly CSI. Exit was suggested before the interest rate announcement given the volatility that occurs during such events.

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