USD/CAD - A rally will follow, now or later ?

6 ביולי 2016

A break of "i' would confirm wave 3 of wave C has started. However, it is possibe that we will see a move down to end wave C of (B) within a larger correction,.Therefore, a break above "i" is probably the safest way to grab wave 3. Below 1.2460 would invalidate both scenario's.