Thursday, October 2, 2014

USD/CAD Elliott Wave Analysis

Despite this week's rise to 1.1223, as the greenback has retreated after faltering below previous resistance at 1.1279, suggesting consolidation below this level would be seen and pullback to 1.1050-60 cannot be ruled out, however, reckon 1.0985-90 would limit downside and bring another rise later, above said this



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