A growth continues.

An upward impulse within the fifth wave of the senior level v of 5 of (3) continues forming. Locally, the fifth wave (v) of v of 5 of the junior level seems to be developing. If the assumption is correct and the price does not break down the critical level of 1.4185, the pair continues growing towards 1.4500.

Trading tips

Buy the pair above the level of 1.4185 with the target at 1.4500.

Alternative scenario

The breakdown and consolidation below the level of 1.4185 would allow the pair to fall to 1.3800.

USD/CAD: wave analysis

USD/CAD: wave analysis

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