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USD / CAD wave analysis and forecast. The probability of growth of pair.
Estimated pivot point is at the level of 1.29.
My opinion: Buy a pair of correction higher than 1.29 with the aim 1.38.
Alternative scenario: A break and consolidation below the price level of 1.2914 will allow the pair to continue to decline to around 1.2658.
Analysis: Presumably, formation of the downward momentum in the framework of wave A. At the moment, appear to develop upward correction as wave B, in which presumably…
Estimated pivot point is at the level of 1.29.
My opinion: Buy a pair of correction higher than 1.29 with the aim 1.38.
Alternative scenario: A break and consolidation below the price level of 1.2914 will allow the pair to continue to decline to around 1.2658.
Analysis: Presumably, formation of the downward momentum in the framework of wave A. At the moment, appear to develop upward correction as wave B, in which presumably…