USDCAD - Analysis

160
USDCAD


MN - ABC structure is visible, from which growth can continue to the level of 1.46678

W1 - The price has broken through the level of 1.36627, now we can expect a correction to 1.33952

After this level, both a downward movement and continued growth may develop.





What can you expect now?

Correction to 1.33952, then a clear formation will appear.

Continued decline may reach 1.27837

With growth it may reach 1.43437



Long

Targets 1.36627 - 1.40189 - 1.43437

Long-term perspective – goals 1.40189 - 1.43437 - 1.46678



Short

Targets 1.33952 - 1.30918 - 1.27837

Medium term - goals 1.30918 - 1.27837 - 1.24507

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