USDCAD - Coming Wave (Elliott Wave Analysis) Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Nov 10, 2021 8:40 AM

USDCAD Analysis based on the Elliott Wave Theory.
The pair went through an extended correction in wave 4. The next impulse is likely to start from this point, for which we can target the next level of resistance (as well as the Fibonacci extension).