USDCAD has for the moment, the best potential trading perspective since we see a complete 5 waves in wave 1 with a C wave in progress in the corrective wave 2. We expect to see lower levels in this pair but just temporary since we expect the 1.2270-1.2300 levels to hold and be a low for a wave 2 signature.

USDCAD 1h Elliott Wave Analysis

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