Key Trading Levels for Canadian Crosses – Inflation Figures Up Next

The Statistics Canada is due to publish the CPI m/m figure at 13:30 (GMT) with a neutral forecast of -0.4%.


[[USD/CAD]] – Technical Outlook
Support    Resistance
1.3245       1.3316
1.3211        1.3353
1.314         1.3424
Key Trading Level: 1.3282

EUR/CAD – Technical Outlook
Support     Resistance
1.5083        1.5172
1.5044        1.5222
1.4955        1.5311
Key Trading Level: 1.5133

AUD/CAD – Technical Outlook
Support       Resistance
0.9509        0.9582
0.9468        0.9612
0.9396        0.9685
Key Trading Level: 0.954

CAD/JPY – Technical Outlook
Support    Resistance
81.74         82.71
81.19         83.13
80.22        84.09
Key Trading Level: 82.16

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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