USD/CAD Wave analysis and forecast for 12.08 – 19.08

Forex analytics:Estimated pivot point is at the level of 1.3198.Our opinion: Sell the pair from correction below the level of 1.3198 with the target of 1.2843 – 1.26. Alternative scenario:Breakdown and consolidation of the price above the level of 1.3198 will trigger further rise in the pair up to 1.3356. Analysis: Presumably, the formation of the upward correction, as the wave B of the senior ...