usd-cad-fxiTrend is bullish in USD/CAD currency pair 4 hours time frame. Vital support is present at 1.3673 price level. Based on Elliott wave analysis price is going to rise up to complete bullish impulse wave 5. So as long as price prints higher swing highs and higher swing lows only look for buy trades. However; a break down in price below 1.3673 support level will end the up trend and in such case I will stay out of the market and re-analyze the price action in USD/CAD currency pair.

By FXOpen