USDCAD is still trading lower, opening the US session with a drop from recent wave 4 correction highs. As such final wave 5 looks to be in play, which could mean a bottom for wave 1) or A) may develop in sessions ahead. After wave 5 completes itself, a three wave rally will be expected to follow.
USDCAD, 1H
Comments
Log in or sign up to join the conversation.