USDCAD Forecast November 2017

In line with my DXY forecast I'm expecting this pair to short back to the trend line for now and maybe push on down once the dollar starts wave 5 of it's current structure.
Long term I expect this pair to push on up as indicated on the chart.

I'll update my ideas as they develop
First rule of trading - Protect you capital

Any one trying to learn Elliott Wave Theory can find a FREE comprehensive Building Blocks video course on my website. See my profile for the link.

You can also follow updates via twitter (link from my TV profile)

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon

Comment:

Daily View

Comment:

So far so good but let's see what happens if price comes down to the trend line