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The forecast for the Canadian dollar is coming true, but so far there is no desire to trade a couple. USD / CAD Wave Analysis


USD / # CAD
Timeframe: 4H

As it was assumed a month ago under the main scenario, the US dollar continued to depreciate relative to the Canadian one: https://t.me/waves89/2262; https://vk.com/wall-124328009_20266… But the alternative, which is marked here in gray, with a triangle in the wave [d] does not give me the opportunity to trade a pair short.

I look forward to further weakening of the US dollar, therefore, I keep the priority of calculations and goals unchanged, but trading against the dollar is more interesting for me to the pound and the euro, where the constructions are clearer from the point of view of Wave analysis.

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