USD/CAD: Elliott Wave Analysis and Forecast for 26.06.26–03.07.26

Major Takeaways Main scenario: Consider long positions above the level of 1.3950 with a target of 1.4536–1.4788 after correction ends. A buy signal: the price holds above 1.3950 after the correction is complete. Stop Loss: below 1.3900, Take Profit: 1.4536–1.4788. Alternative scenario: Breakout and consolidation below the level of 1.3950 will allow the pair to continue declining to the levels of 1.3765–1.3550. A sell signal: the level of 1.3950 is broken to the downside. Stop L