USD/СAD: Wave analysis and forecast for 20.05 – 27.05

Forex analytics:Estimated pivot point is at the level of 1.2966. Our opinion: Buy the pair from correction above the level of 1.2966 with the target of1.3294 – 1.3540.Alternative scenario: Breakdown and consolidation of the price below the level of 1.2966 will enable the pair to continue decline to 1.2750 - 1.2450.Analysis: Presumably, the formation of the upward correction continues in the wave B ...