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Weshareio
Sep 12, 2023 1:54 PM

USDCAD Forecast Short

US Dollar vs CanadianPepperstone

Description

Further upside can be expected from USDCAD but we should wait for a minor correction before considering the long direction as of yet. We can expect a classic A-B-C Zig-Zag correction.

The impulse pattern lasted longer than expected, with an extended wave 3 projected to about 2.618 Fibonacci levels.
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