USDCAD Is Heading Lower In Wave (v) of C

USDCAD decline from wave B high is taking the shape of Elliott Wave five-wave impulse pattern.
The corrective sequence within the impulsive decline follows the EW alternation guideline. Wave (ii) was a sharp correction that retraced 61.8% of wave (i) and wave (iv) is a complex correction and has retraced 38.2% of wave (iii).

Price is expected to head lower in wave (v) to complete the five-wave sequence in wave C.

Other Confluences:
- Price is retesting daily bearish order block (supply zone)
- Price is rejecting daily 50 EMA as dynamic support (not shown on chart)
- Doji at the supply zone

What's your view on USDCAD? Let me know in the comment.

Thanks.