USD/CAD: Wave analysis and forecast for 10.06 – 17.06

Forex analytics:Estimated pivot point is at the level of 1.2458. Our opinion:Buy the pair from correction above the level of 1.2646 with the target of 1.3294. Alternative scenario:Breakdown and consolidation of the price below the level of 1.2646 will enable the pair to continue decline to 1.2458 – 1.24. Analysis: Presumably, the formation of the upward correction continues in the wave B of the ...