FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD

W1 - The price can form a 3-wave structure from a strong level, which can lead to a price drop to the level of 1.32260 to the lower border of the flat

D1 - A triangular structure is formed; when it is fixed beyond the level of the triangle line, a sell entry can be considered.


What can you expect?

You can consider entering from the level 1.36549 (you can consider breaking the level, also wait for fixation at this level) with further movement to the target 1.34016. Cancel the idea so as not to take an increased risk on the idea 1.37815 - 1.38577



Short

Targets
1.35822 - 1.34895 - 1.34016 - 1.32260
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.