Usd/Cad Pattern and Price: Moving Higher to Complete W.5

Filed Under (Forex technical) by on 18-09-2008

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Although USDCAD has reached the initial end-of-wave target for a W.5, it will likely move higher. This impulsive five-wave structure defines a W.E, which will conclude the complex correction off the July 2007 low, the fractal counterpart of the larger-timeframe W.4.

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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