USD/СAD: Wave analysis and forecast for 27.05 – 03.06

Forex analytics:Estimated pivot point is at the level of 1.2767. Our opinion: Buy the pair from correction above the level of 1.2767 with the target of 1.3294. Alternative scenario: Breakdown and consolidation of the price below the level of 1.2767 will trigger further decline to 1.25 - 1.24. Analysis: Presumably, the formation of the upward correction continues in the wave B of the senior level. At ...