We talked about USDCAD on June 19, where we mentioned and highlighted a stepping into a new higher degree correction that can take some time, and it can be in three waves. CLICK HERE

As you can see today on August 04, USDCAD can be finishing a projected three-wave higher degree ABC correction in wave (4), right at the mentioned resistance area, so soon we may see a bearish continuation within wave (5).

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