USDCAD appears to be entering the 3rd wave based on my analysis. Due to the strong pull back from wave 1 to the .618, I am expecting wave 3 to be a normal wave that will not go past the 1.618 extension. I expect wave 5 to be an extended wave with a distance a bit shy of the distance between the start of wave 1 and the end of wave 3. Since neither wave 1 nor 3 is...
UJ looks like it will pull back at around 111.1 until 109.95 and will bounce back up to 110.7 before heading all the way down to 108.6.