USDCAD : Bulls May Slow Down For A Correction

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 11, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    USDCAD is at new highs once again as expected, following recent pullback to 1.3515 that we labeled it as wave (iv). This was just a minor correction within extended and sharp wave 3 that can be targeting 1.3700 area where gains may slow down. Ideally pair will turn into a new correction next; wave 4 of a higher degree. USDCAD, 4H

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