The USD/CAD price forecast shows that bulls are becoming cautious as they await the US CPI report and the Bank of Canada’s decision. The upcoming events have led to a sense of uncertainty in the market. Traders are closely monitoring these reports to determine their next moves in the currency pair. The current situation indicates a possible shift in momentum, as investors take a wait-and-see approach. The outcome of the US CPI report and the BoC decision will likely have a significant impact on the USD/CAD pair in the coming days.
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