CADJPYEqual leg correction and 50 % Retracement of wave XA. Possibly CADJPY will continue move higher after this three wave correction.
Break-Even @ 50% Retracement of wave AB
Targets are (61.8% Extension of XA Related to B) and (100% Extension of XA Related to B)
- Wave 1 finished -
- Wave 2 in the making - ''correction''
- Looks like- A wave pullback in a bigger ABC correction
- Possible short term '' sell'' down to fib level.
- Then turn to complete the B wave