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USDCAD : Bullish Impulse In Progress

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDCAD made another strong move to the upside last week so it probably made an extended third wave from 1.4060. We know that after every extended five waves market will turn the opposite with three legs. Well, we already see minor three waves down from the high that can be wave iv that is now approaching 1.4422 support from where we expect a bounce. USDCAD, 4H

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