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Elliott Wave Analysis: USDCAD Eyeing 1.3180 Region

USDCAD has turned nicely down from 1.3533, clearly with five waves which is a structure of a bearish turn based on the Elliott Wave principle. As such, we now expect even more weakness after recently unfolded three wave bounce from 1.3262 that is pointing lower into wave three. We think that 1.3262 is going to be broken this week from where market may see a drop to 1.3180 short-term objective.

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Elliott Wave Analysis: USDCAD Trading In A Temporary Correction

ew-forecast tarafından

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

ew-forecast

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