kate25
Short

UsdCad pattern

FX:USDCAD   U.S. Dollar/Canadian Dollar
281 0 8
It certainly looks like UCad is in a corrective pattern - three structures - first two structures consist of 3 wave set ups - abc             . Last wave will be a 5 price structure. Looking to meet first target at 1.1170 area - equal move. Following this should see price come down - however very strong US dollar             may cause the last structure to be shorter, minimal last leg should retrace at least 50% or 1.0875 area.

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