As the Fed rate hike approaches in the coming week, I expect rates to stay the same, leading me to have a biased view that usd will fall. As long as the C leg doesn't pass the price of A (1.32546), I believe that ucad will continue to drop based on my harmonic
To add to that, I'm hoping that OPEC puts some sort of freeze on oil
production, thus leading to higher oil
prices and ucad falling further.