USDCAD is still trading quite aggressively lower after the price made a sharp reversal to the downside from 1.468 area, where the price completed a higher degree bullish structure. That said, the price of USDCAD is likely going even lower as the decline from 1.4680 has unfolded in five waves, labeled as wave A/I; first […]
The post Elliott Wave Analysis: Corrective Bounce within Downtrend on USDCAD appeared first on Forex Crunch.