USDCAD - Pick of the week Short
U.S. Dollar/Canadian DollarFXCM
Opis
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We can see clearly a nice decline down and UsdCad is now busy with the 4th wave.
Notice how the 4th wave is overlapping and slow (correction). 4 th Wave usually turns between 38.2 and 50% Fibonacci retracement levels
Invalidation level comes in at 1.3440