A third wave may be arround the corner

The 1.3114 at USDCAD has not been taken out and the set back has proven to be corrective since it has mantained in a correction in 3 waves. An impulsive wave may be underway.

הערה:

Even though we had a tough decline in USDCAD the 1.3062 level remains intact so the current analysis remains as valid.