Idea on a chartEuro/Canadian DollarFX:EURCADEZIO-FXGreat chart idea ICT set up next week.Attention now shifts to today’s inflation report. Headline CPI has slowed to 1.7% y/y, but core CPI remains at 2.6%, the upper end of the BoC’s target band. Meanwhile, trimmed mean inflation at 3.0% and median CPI at 3.1% remain uncomfortably high for doves. Counterintuitively, the Canadian dollar could weaken if trimmed mean and median CPI linger deeper into the 3% range, as that would raise stagflation concerns and revive expectations for further BoC cuts. Conversely, even a modest cooling in these measures could give the BoC breathing space to be more cautious with its dovish messaging, potentially lifting the Canadian dollar.