NZDCAD on impulse (c) rally

After a prolonged decline, especially on an impulse wave with a 5th wave extension, expecting retracement of at least 61.82%.
Here, present wave iv correction (3-3-5) tends to retrace 0.6182 of iii, now poised for near term target of 0.8970 & longer term 0.9100.

Long term view
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