OANDA:USDCAD   U.S. Dollar / Canadian Dollar
I can see strength in CAD for next week, a number of our traders have already entered a short on this beautiful pair.

Breakdown -
We are riding out the final move which is wave C down to the 50% mark of the whole Elliott wave cycle. As you can tell from the forecast we usually enter the trade upon breakouts however we spotted a resisence zone which seems to have applied pressure for the sells to kick in.

Confidence -

Our confidence is high due to the forecast seen on CADJPY and WTI that will be posted in the next few moments.
Take profit hit

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