USD/CAD: Elliott Wave Analysis and Forecast for 19.06.26–26.06.26

Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3766 with a target of 1.4536–1.4788. A buy signal: the price holds above 1.3766. Stop Loss: below 1.3725, Take Profit: 1.4536–1.4788. Alternative scenario: Breakout and consolidation below the level of 1.3766 will allow the pair to continue declining to the levels of 1.3550–1.3065. A sell signal: the level of 1.3766 is broken to the downside. Stop Loss: above 1.3810, Take Profit: 1.3550