Thursday, May 1, 2014

USD/CAD Elliott Wave Analysis

As the greenback has retreated after meeting resistance at 1.1053, suggesting the rebound from 1.0858 (last month's low) has possibly ended there and consolidation with downside bias is seen, below 1.0915-20 would bring another fall towards this support, a break of 1.0858 would add credence to our view that top



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