AndyM

USDCAD completing wave 5 up, 3-month correction ahead

FX:USDCAD   Dolar U.S/Dolar Kanada
So eventually USDCAD             managed to deliver its 5th wave, and its completion is getting closer - possible targets can be 1.3298 or 1.3496.

Then a correction should happen, and given the proportions and relative durations of the moves it should last some good three months. Possible targets are given on the chart.

After the correction there will be even more upside for USDCAD             - there is an untapped set of waves 1-2 (0.94 - 1.12 range) waiting for their corresponding w4 and w5.
Great stuff!
Definitely in my watchlist.
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