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Elliott Wave Charting: Usd/Cad Bullish Reversal

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Elliott Wave Charting: Usd/Cad

Usd/Cad reversed after the 1.0060 resistance area was taken out. The bullish reversal may drive the prices much higher, especially if a red wave 5) low is already in place at the 0.9929 region. If so, a bullish impulse structure is forming with a black wave 3 in process. Prices must stay above the 1.0060 wave 1 top for bullish price action to be seen, and the wave count to remain valid.

TheLFB CadTheLFB Charting: Usd/Cad 4h view

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