Solid News
USDCAD, Elliot Wave Analysis
1/26/2023 10:21 AMGrowth is possible.
On the daily chart, the upward fifth wave of the higher level 5 develops, within which the wave (3) of 5 forms. Now, the wave 5 of (3) is forming, within which the first wave of the lower level i of 5 has formed, a local correction has ended as the wave ii of 5, and the wave iii of 5 is developing. If the assumption is correct, the USD/CAD pair will grow to the area of 1.3978–1.4500. In this scenario, critical stop loss level is 1.3315.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com