Hello traders,

USDCAD can be unfolding a bigger corrective wave 2, with its first leg A) and now B) completed. We are tracking a new impulse down from the 1.3327 level which can be labelled as wave C) of two, and which can look for support/bullish turn near the 1.288/1.260 region. 

USDCAD, Daily

USDCAD

Trade well,

Thew EW-Forecast team.

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