EamesAnalysis

USDCAD finished correction?

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FX:USDCAD   Dólar Americano/Dólar Canadense
USDCAD appears to be in the ABC cycle down.
Wave C seems to be the current wave.
The fist impulsive sub wave of the 5 (C) wave pattern has completed.
Sub wave two has created a running flat (please correct me if I am wrong).
From here I expect USDCAD to fall and go on to either create the 3rd sub wave (impulsive), or continue to create a more complex correction.
Any feedback is appreciated.
Thanks.
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