meszaros

USDCAD exchange rate correction...

FX:USDCAD   Dollar Américain / Dollar Canadien
USDCAD exchange rate correction. We assume that this size will be half the previous downward wave. If the idea is correct, then the expected turn-off level, the correction line environment is 1.2153 levels. Then we expect a more intense rising section. This rise to 1,4398 levels. In time this level will be done by the end of the year. Then, due to the wave nature of the exchange rate, we expect correction to 1.3853 levels. Then a second rising wave. If the ascending ATR angles do not change significantly, the USDCAD exchange rate may reach 1.5606 by mid-April 2018.

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