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USDCAD: Three Wave Correction Underway

Discussion in 'Technical Analysis' started by Kaitlin, Jan 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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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[​IMG]

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