USDCAD is giving an ABC correction and I would expect it to rise towards 1.3400 level as Wave C of the correction. Details are on the chart.
Its a corrective pattern in yet to complete 2nd Wave or a leading diagonal in A-wave of A-B-C sequence- In both cases, currently I am looking for a bounce in the zone 1.3200 to 1.3250. Regards, Abhishek H.Singh, CMT
Expecting a 5th wave in the range of 1.3280--1.3300..
