[USDCAD] WAVES ANALYSIS

From a technical point of view, the pair could still trigger a bearish leg before developing some interesting technical rebound, but at the same time we can not exclude that the bearish impulsive structure has finished the cycle, and in this case, the TARGET should be around 1.3070. That said, if the pair fails on these levels it is possible that it reaches an important support area around 1.2820 (BEARISH TARGET).

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