USDCAD : Three Wave Correction Underway

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Based on latest swings and substructure since late November we suspect that USDCAD completed an extended wave three, so new corrective set-back is in play. We are tracking wave 4 retracement back to 1.3670-1.3780 area where support can be found this month. After that we will look at a new continuation higher, with wave 5 up to around 1.4100. USDCAD, 4H

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