USDCAD - BUY IDEA
The USDCAD chart you shared indicates a potential long setup based on the Elliott Wave structure. The projected targets for the bullish move are:
- 0.618 Fibonacci level at 1.35755
- 1.0 Fibonacci extension at 1.36018
- 1.618 Fibonacci extension at 1.36443
These levels represent potential resistance or take-profit zones as the upward trend progresses.
- 0.618 Fibonacci level at 1.35755
- 1.0 Fibonacci extension at 1.36018
- 1.618 Fibonacci extension at 1.36443
These levels represent potential resistance or take-profit zones as the upward trend progresses.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.