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USDCAD : Intraday View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 9, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDCAD is turning down ahead of the US cash market open, which could lead to more complex pattern than on the first place. We assume that correction is still only in the middle of its structure, now wave A, with waves B and C yet to come which may then look for a support near 1.3750-1.3800. That would be ideal zone for a bounce later this week. USDCAD, 1H

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