USDCAD, price topped out, short term correction to form.

Hi Traders,

Looking at the price action on USDCAD, you can see a few bullish continuations which bulls took off, however has seem to fail to push any higher. Instead, we saw a reversal Impulse which should give us a short term correction.

I do expect another leg higher in next coming week or so, keep an eye out on this pair for the next impulse.

Good Luck!

I would love to hear your analysis on this pair. Share a comment below and let's discuss it.

Thanks!