AndyM

USDCAD completing wave 5 up, 3-month correction ahead

FX:USDCAD   Dollar Américain / Dollar Canadien
So eventually USDCAD managed to deliver its 5th wave, and its completion is getting closer - possible targets can be 1.3298 or 1.3496.

Then a correction should happen, and given the proportions and relative durations of the moves it should last some good three months. Possible targets are given on the chart.

After the correction there will be even more upside for USDCAD - there is an untapped set of waves 1-2 (0.94 - 1.12 range) waiting for their corresponding w4 and w5.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.