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    HomeContributorsTechnical AnalysisUSDCAD Undergoing A Reversal

    USDCAD Undergoing A Reversal

    Elliott Wave Financial Service
    By Elliott Wave Financial Service

    USDCAD made a sharp and swift move to the downside two weeks back after an ending diagonal formation in wave 5) that confirmed a top near 1.3790. A nice drop is now in play, currently in third wave of a decline that can be wave 3 or C, but in both cases there is room for 1.3525.

    USDCAD, 4H

    Elliott Wave Financial Service
    Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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