USD/CAD: Elliott Wave Analysis and Forecast for 30.10.26–06.11.26

Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.4175 with a target of 1.3548–1.3392. A sell signal: the local correction ends and the price holds below 1.4175. Stop Loss: above 1.4220, Take Profit: 1.3548–1.3392. Alternative scenario: Breakout and consolidation above the level of 1.4175 will allow the pair to continue rising to the levels of 1.4400–1.4570. A buy signal: the level of 1.4175 is broken to the upside. Stop Lo