EURCAD seems to be the pair with the highest impact data out midweek. On Wednesday morning, the Euro could be affected by German import/export data and trade balance at 07:00 GMT, closely followed by Eurozone unemployment rate figures at 10:00 GMT. As afternoon trading gets underway, we see the latest interest rate decision from the Bank of Canada at 15:00 GMT, accompanied by a rate statement.
For the next few days for intraday trades, we will be looking for sell position below 15230 with potential target around15130