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Veejahbee

USDCAD Long Update: Buy on HL

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Veejahbee  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD usdcadlong usdcadsetup
4
7
trendanalysis chartpattern waveanalysis usdcad usdcadlong usdcadsetup
USDCAD is making a five-wave impulse rally, labeled (i)-(ii)-(iii)-(iv)-(v). The price is currently in wave (iv) of the advance.
Once the corrective wave (iv) is completed, we would see another leg higher in wave (v) before any substantial corrective move.

What's your view on USDCAD? Let me know in the comment.
Thanks for reading!
Veejahbee.

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