After 5 wave decline usd cad is either on reversal or correction to pervious trend. correction has not made its 0.382 retracement of primary trend hence we can expect further upside movement .
for more clarity we have inverse head shoulder pattern for direction clue
CADcanadiandollardollarParallel ChannelTrend AnalysisuadcadUSDCAD
Sangam-Agarwal

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