USD/CAD Elliott Wave Analysis: In A Temporary Correction

USD/CAD is recovering into wave c as part of a three-wave, corrective recovery from the lows with possible resistance and a bearish reversal near the 1.316/1.3200 region. A drop from the upper corrective channel line, and below the 1.307 level would suggest a completed correction and more upcoming weakness.

USD/CAD, 1h Chart

This entry was posted in Stocks News and tagged . Bookmark the permalink.
0 0 votes
Notify of
0 评论
Inline Feedbacks
View all comments