USD/CAD: Wave analysis and forecast for 29.07 – 05.08:

Forex analytics:Estimated pivot point is at the level of 1.3243. Our opinion:Sell the pair from correction below the level of 1.3243 with the target of 1.2858.Alternative scenario:Breakdown and consolidation of the price above the level of 1.3243 will trigger further rise in the pair up to 1.33 – 1.34, or higher. Analysis: Presumably, the formation of the upward correction has completed in the wave ...