USD.CAD correction under way: UC preliminary Shorts Target

Part of my ongoing analysis of UC moves (see links below).

UC was at the top of a 5 wave move awaiting correction.
RBC gov Poloz walked back dovish comments by others.
As usual, "news" comes out precisely at a chart extreme.

1.32333/394 is minimum expected drop, and only as "Wave A" of ABC.
1.31900/960 is the most likely target and perfect "Elliott Wave" retrace.
1.31611/633 is the extended target if com-dolls "catch a bid" this week.


b]Previous USD.CAD analysis (click):
1.331 Long TP (longs to perfect target)
1.319 News Scalp (fib support launch)
1.319 Short TP (shorts to perfect target)
1.338 Top Call (exact top mapped)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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