Thursday, May 29, 2014

USD/CAD Elliott Wave Analysis

The greenback met renewed selling interest at 1.0942 and has retreated, suggesting another test of support at 1.0814 (this month's low) cannot be ruled out, break there would signal top has been formed at 1.1279 earlier and downside bias remains for a retracement of recent upmove to 1.0770, below there



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