USDCAD Weekly

Correction in wave X was completed in the main variant. Alternative wave (B) of the triangle can be continued.

The second wave of the leading diagonal (in the first wave) was completed at a level close to 61.8% in the main variant. It is possible that instead of option ((i)) – ((ii)), it is possible to develop a construction in the form of a double zigzag ((w)) – ((x)). But in this case, the expectations are the same – for a down.

Develops wave 1 as leading diagonal in the main variant. Wave ((iv)) of it is near the completion.