Karnatrader

USD/CAD Analysis: Defensive Near 1.3650

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USD/CAD trades near 1.3655 ahead of Canadian CPI data. BoC Governor expects a soft landing, supporting CAD. Watch for a break below 1-hour OB for a move to 4-hour support OB. Key US GDP and PCE data this week may influence further moves.
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