Contributors Technical Analysis Elliott Wave Analysis: USD/CHF and USD/CAD Intra-day Moves

Elliott Wave Analysis: USD/CHF and USD/CAD Intra-day Moves

Hello traders,

USDCHF is trading in an impulsive rise within wave 3, but we see some important Fibo. cluster around 1.0220 area, so watch out for a potential drop and slow down into a wave 4 correction soon.

USDCAD is on the rise, away from 1.3333 intraday swing low where we called the end of a corrective set-back, so it appears that impulsive wave three is now in progress; ideally up to 1.3450 as our minimum upward objective.

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