USDCAD: Rising wedge formed on corrective wave (2) Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jun 16, 2015 10:56 AM

Price is currently correcting and should look to bounce off the 50 fib line then shoot down for the wave (3) down to the -27 fib line

Wait for the breakout of the rising wedge.