Currency
Short

Wave count on the CAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
94 0 7
CAD is close to completing another structure on the daily chart . After the Z wave completes, this pair WILL fall. Only question will be whether this is THE big fall or are we going to have an X wave down to connect another 3 to 5 wave structure to extend the corrective process. Either way there will be an opportunity for quite alot of pips down!
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