Like recently published CAD charts, this is the path that I would expect USDCAD to follow over the next couple of years. After an impulse wave 12345 between 2008-2020 we have started a corrective wave ABC into 2023-2024. Ideally (but not required) we would like to see USDCAD to bounce at least to the 1.33-1.365 area before continue to move lower over the next couple of years. This would be consistent with our recently published charts on EURCAD, CADMXN and DXY.
