KhauheloKobeli

ELLIOTT WAVE ANALYSIS: USD/CAD Final Stage of Extension.

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD could be heading towards the end of extension of wave 3(brown). That is, we expect to the 5-wave cycle(green) in wave 3(brown)to complete soon. Then we may see the pair correcting before a downtrend resumes. This wave count is valid as long as the pair is trading below 1.3537.
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