The abcd pattern targets 1.2860 as a first step
In the long term (the monthly frame) gold is poised to break through a strong bullish trend upwards
The Canadian dollar aims to complete the bat pattern and the target ranges from 161.% to 200% of the bc leg
The currency is expected to move down the channel
The expected landing flight has encountered some obstacles
Ready to enter the third descending wave after the first and second corrective descending wave has been completed.
Complete Bat Pattern followed by an expected drop
Canadian Dollar The pattern continues to rise temporarily before further downside
USDCAD is going to achieve the model