Wait for the completion of the 5th wave before going short on USDCAD. Initial targets set at 1.17900 levels.
Komen
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USDCAD is looking for more price action towards the downside. The 3 indications telling me that price will reverse are: 1: Broadening top pattern formation 2: 61.8% fib reached 3: Zero line crossover on MACD on Daily chart