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UnknownUnicorn5158708

USDCAD: Expect Further Upside Towards 1.4280

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn5158708  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Fibonacci Elliott Wave Wave Analysis elliotwaveanalysis elliotwaveprojection usdcadlong usdcadbuy usdcadanalysis usdcadforecast usdcadidea
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Hi Traders,

USDCAD will continue with the current bullish momentum until it reaches key resistance at the 1.4280 level. At this point, I'm expecting to see some reversal where price will continue the down trend. At current levels, look to join the current upside momentum only when price pulls back. Otherwise, look for short position from the blue box.


Regards
Wave Theorist
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