USDCAD appears to be in the ABC cycle down. Wave C seems to be the current wave. The fist impulsive sub wave of the 5 (C) wave pattern has completed. Sub wave two has created a running flat (please correct me if I am wrong). From here I expect USDCAD to fall and go on to either create the 3rd sub wave (impulsive), or continue to create a more complex correction. Any feedback is appreciated. Thanks.