USD/CAD: Wave of Destruction or Dollar Revival

Wait 5 sec.

USD/CAD: Wave of Destruction or Dollar RevivalUS Dollar vs CanadianICMARKETS:USDCADTrade_Hive_SignalsUSD/CAD: Wave of Destruction or Dollar Revival ๐Ÿ“ˆ Possible Scenarios for the Week Bearish Scenario (Main Scenario): Price breaks below ~1.3777 Wave (5) is developing โ†’ possible decline to ~1.3570โ€“1.3425 Corrective (Bullish) Scenario: USD/CAD holds current support A corrective wave upward is developing to ~1.3970โ€“1.4150 Consolidation: Range between ~1.3777 and ~1.3970 Prices are gaining strength before the next impulse โœ… Conclusion USD/CAD could see significant movement in the coming weekโ€”the pair is at a crossroads: either the major bearish impulse will continue, or an upward correction will begin. Key levels: 1.3777 (support) and 1.3970 (resistance) When trading, it's worth watching for confirmation of the wave structure and price reaction at the designated levels.