EUR - BEARISH
1️⃣ The Eurozone consumer prices dropped 0.2% from a year earlier in August 2020, the first decline since May 2016.
CAD - BULLISH
1️⃣ WTI crude futures rebounded slightly to trade above $40 per barrel on Thursday, as investor focus shifted to an OPEC+ meeting later.
2️⃣ Expect positive retail sales tomorrow due to stronger labor data in July.
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TECHNICAL
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- We're shorting this pair on SBR level + SMA100 area on H1 chart.
- EURCAD in bearish zone.
1️⃣ The Eurozone consumer prices dropped 0.2% from a year earlier in August 2020, the first decline since May 2016.
CAD - BULLISH
1️⃣ WTI crude futures rebounded slightly to trade above $40 per barrel on Thursday, as investor focus shifted to an OPEC+ meeting later.
2️⃣ Expect positive retail sales tomorrow due to stronger labor data in July.
=====
TECHNICAL
=====
- We're shorting this pair on SBR level + SMA100 area on H1 chart.
- EURCAD in bearish zone.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.