USD/CAD - EW Analysis - on a short term perspective, price is correcting. It is now forming a smaller Wave C on the downside from a bigger Wave X (on a bigger timeframe) on the upside. We should see a long term uptrend on USD/CAD, but for now the price will correct on the downside.
Disclaimer: This is not a financial/investment advice. The information here is just a view and a technical analysis with informational purpose only. You take responsibility for your own actions. Have a nice day.
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
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