USDCAD Short Term Elliott Wave view suggests that the rally to 1.335 on January 04,2019 high start Correction Wave (A). The Price start is finding the support on this level, which is 32,8% Fibonacci of last wave (5), and strong dailly suport line.
Near-term focus remain the sideways consolidation to 1.35, which is dailly sopport level and formation Zigzag Elliott Wave Structure in triangel.
Expected taget for wave C after consolitation is 1,31.
Near-term focus remain the sideways consolidation to 1.35, which is dailly sopport level and formation Zigzag Elliott Wave Structure in triangel.
Expected taget for wave C after consolitation is 1,31.
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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.