glennmercer

USDCAD EW Count: FOMC + Powerful Wave(c) = Bulls Hold on Tight!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Hey traders, huge bearish move out of the USD as we saw a .25% rate hike which may have already been priced into the market. There should be some more downside ahead as this will likely be a five wave impulse. I am already short, but I will be adding to my position if wave-iv-of-(c) provides a nice flat base. Cheers

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