USD/CAD is trading nicely bullish after a base was found for corrective wave 2 at the 1.2446 level two weeks back. As such, current strong wave up is seen as an extended strong wave three in progress which may not be over yet since it must be made by five sub-waves, so expect more upside into 1.3000 area.
USD/CAD, 4H
USD/CAD 4 Hour Chart
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By Mar 06, 2018 02:59AM ET
Source: Investing.com