Thursday, January 9, 2020

#USDCAD Daily #ElliottWave Count

USDCAD Daily Elliott Wave Count

I have this circle b wave labeled as complete at the lows but I do not think it is done just yet.  I do think we will see a sizable bounce that may be tradeable on a smaller time frame.  

Until the pair moves back above the 1.3400 area I think we will seea move lower into the 61.8% retrace. 

USDCAD Daily Elliott Wave Count
USDCAD Daily Elliott Wave Count