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SebMartel

USD/CAD on the verge to surpasses 2018 high

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
SebMartel  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Technical Indicators Wave Analysis
3
0
indicator waveanalysis
USD/CAD have been stuck within a downward channel for the past four month. Right now, it seams ready to pop out toward 1.36 target, i.e. W=Y extension. And within Y, we can count a possible three waves up in the process, again with a 1.36 target. Plenty of room on the RSI as well.
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