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Elliott Wave Analysis: USDCAD Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

USDCAD is at new low after CAD data came out 45.3K vs 11.4K. We adjusted the wave count a little, but still see pair in fifth wave which means it can be final leg within higher degree impulse. There is a chance for a bounce early next week, up from 1.2820/50 in three waves.

USDCAD, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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