USDCAD Elliott wave analysis - 3-wave bearish correction to 1.26
Between 1st February and 19th March, USDCAD completed an important impulse wave pattern. A-b-c bearish correction is now following. Seems wave b would rally further to 1.3 before wave c takes over in a bearish move to 1.26.
Trade closed: target reached
The final target was reached downside
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.