USDCAD HEW Update

٢٨ سبتمبر ٢٠١٤

It looks we reached Wave [iii] (or one more very minor higher high needed). Current high was the 261.8% extension of Wave and Wave [c] is 100% extension of Wave [a]. Everything looks perfect to look for a correction now. But not deep one. Wave [ii] was very deep (91%) & Wave of Wave [iii] is 76.2%. So Wave [iv] can be 14.4% or 23.8%. 1.1081 support level is nice for to last bounce up to ~1.1300 and from here we should have much deeper correction.