USDCAD
Which inturns its affects the CAD negatively
Currently in USDCAD Elliot wave if forming, Wave 01 is completed and wave 02 is forming
We can expect to close this wave at resistance level 1.42100 which is also a 61.8% Fibonacci
From this level we can open short positions and the primary target would be 1.37270 which is a 1.272% Fibonacci
And the final target would be 1.33280 which we are expecting the point where the wave 05 going to close
Stop lose may placed above the 1.43050 level which is a 50% Fibonacci
Leave your comments below
Which inturns its affects the CAD negatively
Currently in USDCAD Elliot wave if forming, Wave 01 is completed and wave 02 is forming
We can expect to close this wave at resistance level 1.42100 which is also a 61.8% Fibonacci
From this level we can open short positions and the primary target would be 1.37270 which is a 1.272% Fibonacci
And the final target would be 1.33280 which we are expecting the point where the wave 05 going to close
Stop lose may placed above the 1.43050 level which is a 50% Fibonacci
Leave your comments below
