TomProTrader

#USDCAD: Bears Around, Break Of Consolidation To Bottom Of Range

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
21
After a bearish impulse leg, we have had long term consolidation hitting resistance now it seems like we are breaking to the lows. After the consolidation is broken, we could have a much longer term down move to the bottom of the range, in the form of a 3 wave cyclic move.

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