Sunday, August 17, 2014

Possible end of Usdcad correction for the continuation of the BULLS

I have been expecting a wave 4 correction since July 30th when I had the last update on the usdcad continued bull move after an expected correction. 

Now, the correction looks like completed and I am expecting usdcad to push to wave 5 at 1.1050.

Long entry isn't bad but stop loss should be below 1.0820.The analytical chart below could prove helpful

This analysis is for educational purpose only and care should be taken in interpretation.

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