U.S. Dollar / Canadian Dollar

#USDCAD topped?

By CurrencyWaves

Updated

Still looking for that B wave down before a C wave up. Notice the continued divergence on the RSI and we are at the trend-line again.

Note

USDCAD is moving at a snails pace here. I changed the count a little bit but looking for same results. A move down from near current levels to the 1.2800 - 1.300 area before the final C wave up toward 1.3600 - 1.3800.

snapshot

Note

One more new high for wave 5 of ending diagonal..watch the RSI divergence...

Also on:

Related publications

Leading Diagonal A on the #USDCAD?

by CurrencyWaves

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.