free stats

USDCAD Wave analysis and forecast for 10.03 – 17.03

USDCAD Wave analysis and forecast for 10.03 – 17.03

Wave analysis and forecast for 10.03 – 17.03: It is expected that the upward correction will soon complete.

Estimated pivot point is at the level of 1.3600.

Analysis: Presumably, the formation of the wave C of the senior level continues. Locally it is likely that the upward correction, as the wave ii of C, is nearing completion. Within this wave a zigzag (a)(b)(c) is being formed with the extending wave (c). If this assumption is correct, the pair can decline to 1.3300 – 1.3240. Critical level for this scenario is 1.3600.

Alternative scenario: Breakout and consolidation of the price above the level of 1.3600 will trigger further rise in the pair up to 1.3700.

Our opinion: Sell the pair below the level of 1.3600 with the target of 1.3300 – 1.3240.

Do You Want To Make Thousands Of Dollars Extra Cash Every Month
From Forex Trading In Pakistan?

Subscribe To Our Mailing List And Get Free Forex Training Videos, Free Forex Trading Strategies, Free Forex Indicators, Robots And Free Forex Analysis From ForexGuru.Pk Team In Your Email

We Respect Your Privacy And Protect It Seriously

Categories: Free Forex Signals

Tags: ,

Do NOT follow this link or you will be banned from the site!