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USD/CAD: wave analysis on 06.11.2015

A fall is expected.

A formation of wave A of 4 continues, within which wave b of A seems to have finished. At present, a formation wave c of A seems to have started within which a Bearish impulse towards the level of 1.2700 is expected. A critical for the scenario is the level of 1.3279 a breakout of which would lead to a growth continuation within wave b of A towards the levels of 1.3300, 1.3400.

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