USDCAD Breakout Confirmed β€” Is the Next Bullish Wave Beginning?

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USDCAD Breakout Confirmed β€” Is the Next Bullish Wave Beginning?US Dollar vs. Canadian DollarFX:USDCADpejman_zwinUSDCAD(USDCAD) appears to have successfully broken through a resistance zone(1.4183 CAD-1.4089 CAD) and, over the past few days, is now completing a pullback toward that area, which may now act as support. From an Elliott Wave perspective, USDCAD seems to have completed its Wave 4, with Wave 4 forming a Double Three Correction(WXY). I expect, given the DXY index(DXY) is still in a bullish trend, that USDCAD can continue its bullish move and potentially rise toward 1.4261 CAD. Target: 1.4261 CAD. Stop Loss(SL): 1.4148 CAD Points may shift as the market evolves. What’s your view on USDCAD? Can it continue its bullish trend, or not? πŸ’‘ Please respect each other's opinions and express agreement or disagreement politely. πŸ“ŒU.S. Dollar/Canadian Dollar Analysis (USDCAD), 4-hour time frame. πŸ›‘ Always set a Stop Loss(SL) for every position you open. βœ… This is just my idea; I’d love to see your thoughts too! πŸ”₯ If you find it helpful, please BOOST this post and share it with your friends.