USDCAD Elliott wave analysis - 3-wave bearish correction to 1.26
Updated
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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