USDCAD- Diagonal is running (Looking for a bounce above 1.2835)

Long

U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)

FX_IDC:USDCAD U.S. Dollar / Canadian Dollar

UCAD can give us the first hint that this downfall is all done once it starts moving above 1.2835 - In that case it will run for its 5th wave & go close to 3rd wave top@1.3232. Either ways Momentum Indicators are losing their strength & ucad could be close to finish the current downfall.

Regards,
Abhishek H.Singh, CMT

Best Regards,
Abhishek H. Singh
Growth Director - TradingView India

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