USDCAD: Bullish Reversal In View

Discussion in 'Technical Analysis' started by Kaitlin, Mar 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    USDCAD has been trading sharply lower for the last few weeks from 1.3400 where pair accomplished wave 4) as a flat correction. If that is correct, then recent decline represents red wave 5) of 3/C that can be looking for a bottom this week. However, any short-term and temporary reversal[​IMG]

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