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meszaros

We are expecting CADUSD correction...

Short
Canadian Dollar / U.S. Dollar (FX_IDC:CADUSD)  
meszaros  
FX_IDC:CADUSD   Canadian Dollar / U.S. Dollar
Wave Analysis
7
2
waveanalysis
We are expecting CADUSD correction. We assume that before a big increase, a major correction will start in the exchange rate. If our strategy is correct, this level would turn around at a level close to 0.7964. The correction will take several days to reach 0.7535 levels. If the exchange rate rises with a strong momentum, that strategy is dropped.
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