USD/СAD: Elliott Wave Analysis and Forecast for 28.03.25 – 04.04.25

Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.4230 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4230. Stop Loss: below 1.4180, Take Profit: 1.4800 – 1.5200. Alternative scenario: Breakout and consolidation below the level of 1.4230 will allow the pair to continue declining to the levels of 1.3950 – 1.3433. A sell signal: the level of 1.4230 is broken to the downside. Stop Loss: above 1.4280, Take Profit: