Watching CAD after recent BOC comments

The Bank of Canada's slightly more dovish tone this week has me keeping a closer eye on the CAD pairs. We're seeing $EURCAD at 1.61174 right now, which is a bit of a pause after its recent run up, but I'm thinking about whether we see more follow-through on that weakness if the market starts pricing in an earlier cut from the BOC. The CAD's been pretty resilient lately, even with oil consolidating, but central bank divergence could be the next catalyst. Definitely keeping it on my watchlist for potential long opportunities in pairs like $EURCAD, looking for a clear break above this current range.