Morning traders, EURUSD longs are on our watchlist, price is in the ideal buying zone but as anticipated, this is somewhat low conviction, the idea goes against the main macro trend and thus we wait for a few extra technical confirmations before we execute on it, the scenario of a temporary pullback in the Dollar is logical, but we need more confirmations from price to execute on it, just watching for higher timeframe bullish price action In the meantime today we have a few important Canadian events, first the CPI, and second a BoC speech, we expect inflation to be on the same foot as the US thus still on the rise, and the BoC speech to reinforce the commitment to lower inflation, both would put a 75bps hike on the table at the next BoC rate decision And Powell also speaks today, but what else can he say? there hasn't been any new US data, or any new development since the FOMC, so there's no reason for him to deviate from his latest stance or add anything new, should be a non event