USDCAD , BUY short term Elliot wave analysis
USDCAD
Short term Elliott Wave view shows that the decline from (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure.
This suggests that the wave 5 is near complete and we can soon see a correction to the upside. This should ideally be 50 to 61.8% fibonaci retracement of the decline from 1.3669.
Short term Elliott Wave view shows that the decline from (1.3669) is unfolding as a 5 waves impulse Elliott Wave structure.
This suggests that the wave 5 is near complete and we can soon see a correction to the upside. This should ideally be 50 to 61.8% fibonaci retracement of the decline from 1.3669.
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