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USDCAD : Temporary Pullback In View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USDCAD turned nicely higher this week and it closed above 1.3075 which confirms a bullish price action in progress. Based on latest price action we see first five waves up in progress. It can be wave 1 which means that corrective pullback down in wave 2 can be seen this week. Ideally pair will retest 1.3040 support from where trend may continue sharply higher. USDCAD, 4H

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