A pattern like a wedge has created in a channel. MACD also has good formation and we see a hidden divergence too.looks like there is a good chance for hitting the first target of wedge and channel line .
USC/CHF has created two bullish patterns including Anti nen-star harmonic pattern and a bullish reversal pattern (dragon pattern) as yet that could show us an upward movement.
MACD has good formation and breaking the downward trend line (Shown with pale dotted line) could be a long trigger for this scenario to the minimum target that I have shown.
I've considered an impulse wave (trending impulse) for EUR/USD that the wave 4 is a flat (wedge pattern that is shown by pale dotted lines) as yet .
MACD has good formation .
I've considered the minimum target for wave 5.
Looks like a complex 4th wave of truncated or failure impulse wave is completing .
There are two scenarios i have considered for complex correction that both of them show us a downward movement for usd/cad up to 1.37660 at least.
The main scenario is (zigzag - x - flat) that is shown on chart .
The second scenario that is less possible is a double-threes...