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Elliott Wave Analysis: USDCAD Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

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USD/CAD is in the late stages to complete blue wave five move from the highs. After the completion of the a-b-c pullback and an ideal 1 to 1 ratio between corrective legs we have turned lower in the impulsive manner and we now expect blue wave five to find support around 1.3100 area from where a pullback higher could be expected.

USDCAD, 1H

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