USDCAD unfolded a five-wave rally within wave three as part of an unfolding bullish impulse. This five-wave rally in three can be an indication of where the trend is likely going, and we expect it to slow down, and make a minor correction. This correction can be a wave iv, which can later look for support and a bullish reversal near the 1.335/1.330 region, from where final wave five can follow.
By using www.ew-forecast.com website, any services, products, and content contained here, you agree that use of our service is entirely at your own risk. You understand that there is a very high degree of risk involved in trading on the markets. We assume no responsibility or liability for your trading and investment results. The charts, and all articles published on www.ew-forecast.com are provided for informational and educational purposes only!
By using the information and services of www.ew-forecast.com you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you.