It is currently not entirely clear in the USDCAD whether the downward movement in the form of the orange Y was completed or whether the yellow circled y was completed first. In the first scenario, the complete labeling would have to be set to a higher degree. To make the first scenario recognizable, I have drawn in here with Alt. In any case, the dollar should rise again in the coming weeks. It is possible that a small downward wave is still missing in the blue c.
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