Good morning traders,
USDCAD is still falling, and it broke perfectly below the lower trendline, connected from the 1.313 area, which put our second count from last week into action. We are now tracking a big wave C lower, which is an impulse and must unfold five legs, before we may see support and a bullish turn; wave iv correction can be next to unfold, before downtrend into wave C resumes.
If you like what we do, then you can subscribe to our webpage at EW-Forecast. Also we have a special TRIAL offer for Crypto services and for FX services.
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.