CAD Appreciation or USD Depreciation?... or both? Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ May 31, 2019 4:24 PM

It’s about time for movement in USDCAD. I believe history repeats itself and this current corrective structure looks a lot like the previous one. Be on the lookout for at least one more impulse down to finish the 5-wave move before long term upside.

Wave Analysis